Archive for the Rates Category

504 Program Rate Update for February 2015 4.546% – 20 Year Debenture Effective Rate * “As the World waffles . . . “ Things economic and political seem to lack a clear sense of direction: in the EU Greeks and Brits may be coming or going; in the Ukraine the […]

504 Program Rate Update for January 2015 4.601% – 20 Year Debenture Effective Rate * 4.416% – 10  Year Debenture Effective Rate * “There is a floor down there…somewhere.” Welcome to 2015, the year in which long term interest rates will start to rise. Seriously. However, until then… […]

504 Program Rate Update for December 2014 4.782% – 20 Year Debenture Effective Rate * Frying Pans and Fires Mark Mobius, the renowned specialist in foreign and emerging markets, observed in the financial press this weekend, that the risk in the world economy leaned either to accelerating deflation […]

504 Program Rate Update for November 2014 4.879% – 20 Year Debenture Effective Rate * 4.555% – 10 Year Debenture Effective Rate * “If it be now, ’tis not to come; if it be not to come, it will be now; if it be not now, yet it […]

504 Program Rate Update for October 2014 4.821% – 20 Year Debenture Effective Rate * Things to Consider and Issues of Concern Consider: The federal deficit is now under 3% of GDP, and continuing to decline; Interest rates, reflective of inflation expectations, are dropping; The S&P is within eight […]

504 Program Rate Update for August 2014 4.960% – 20 Year Debenture Effective Rate * Rates Wobble in a Low Orbit The underlying 504 twenty year debenture rate came in virtually unchanged at 2.88%, from the prior month as a widening of the spread was largely offset by […]

504 Program Rate Update for June 2014 5.069% – 20 Year Debenture Effective Rate *   Rate Stability and Risk The results of the June 2014 debenture auction are in, and they are virtually static with both the May and April results. To borrow a nautical term, we […]

504 Program Rate Update for May 2014 5.080% – 20 Year Debenture Effective Rate * 4.508% – 10 Year Debenture Effective Rate *   SBA 504 Program Continue Slide While the May auction results for the current debenture were interesting in continuing a slightly declining rate trend, the real […]

504 Program Rate Update for April 2014 5.190% – 20 Year Debenture Effective Rate * Stable Rates and a Window of Opportunity The April twenty year debenture auction saw continued stability with a small drop of ten basis points from the March results to 3.11%.  This is a […]