Walker & Dunlop(WD) - 2023 Q2 - Earnings Call Transcript

Willy Walker Commercial real estate investors today are extremely rate sensitive with 10 to 15 basis points having the potential to make or break a deal. Transaction volumes will ebb and flow in the second half of the year depending on rates and capital flows. Our outlook is the following. Let me dive a little deeper on a number of those points. While the Federal Reserve has added 400 basis points to the Fed funds rate over the past 12 months, the 10-year treasury has only moved 130 basis points. A 4% 10-ye ...