30 year loans for Mixed-use

[Forrest Hayashi]

Hi,

I just spoke to a local lender and was told that a 30 year fixed rate for a mixed use property is now at a whooping 5.80% for a $500K property. 

Does anyone have this quote as well or know any good Commercial lenders around Philly? I feel like to jump a whole point from 4.80% (quoted 2 weeks ago) within weeks time is insanity right now, unfortunately there aren't many commercial lenders available.

Thank you!