SOFR swap rates
This is more for people who work in CMBS lending.
Is your firm starting to quote over SOFR swaps yet? My bank is making the switch, but some competitors are still quoting over LIBOR swaps..
Also, where do you see rates going? They’ve gone up like 70 bps in the past two months. It’s really affected our positioning in the market and how competitive we are in our quotes.
You're not alone. I'm surprised new deals are still being quoted at LIBOR.
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