We posted a new Refinance Test (2024 Q4) effective for all new loans, except for Small Balance Loans, starting Thursday, January 16.

The implied 10-year forward rate is set at 4.84%. The updated test is more restrictive than last release.

To access the new Refinance Test, visit our Refinance Test and Resources page.

Please contact your Freddie Mac Multifamily representative with any questions.