Easton is located in a good market for 5+ unit multifamily loans. Multifamily loans in Easton are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in Easton are competitive. Easton apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in Easton.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Easton are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 7.07% - 7.81% |
| 7 Year Fixed | 6.96% - 7.47% |
| 10 Year Fixed | 6.90% - 7.30% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 6.99% - 7.23% |
| 7 Year Fixed | 6.68% - 6.92% |
| 10 Year Fixed | 6.64% - 6.88% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.87% - 7.61% |
| 7 Year Fixed | 6.76% - 7.27% |
| 10 Year Fixed | 6.70% - 7.10% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 6.10% - 6.20% |
| 7 Year Fixed | 6.11% - 6.21% |
| 10 Year Fixed | 6.04% - 6.34% |
All major multifamily lender types are lending in Easton.
The city of Easton in Bristol County has a population of 24,621. The median rent in Bristol County for a 2 bedroom is $1,239. The median Easton resident is 41 years old with a yearly income of $43,244. The average family has 3.16 members and a median household income of $112,268. Easton has a 49% higher education rate. The unemployment rate in Easton is 4.5%.
22.7% of Easton households are renters.
33.8% median household income spent on rent.
Bedrooms |
Bristol County 1 |
Massachusetts 2 |
National 2 |
|---|---|---|---|
| Studio | $915 | $1,259 | $737 |
| 1 bedroom | $1,030 | $1,399 | $813 |
| 2 bedroom | $1,239 | $1,747 | $1,015 |
| 3 bedroom | $1,541 | $2,190 | $1,325 |
| 4 bedroom | $1,850 | $2,423 | $1,521 |
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