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; . . . . and yet: We fret about the full panoply of human ills: war, disease, disarray, Chart and Statistical Data is from September 2006 to October 2014
So with the ever present lack of clarity as regards the future, our only advice remains: if you are buying capital assets, fix the rates for as long as you can, and worry less about the financing. Life can provide a wide array of things to worry about. 504 provides: a twenty year fixed rate, for a fully amortizing loan, and a better spread of risk for both lender and borrower. Work better and worry less, working with 504. We welcome the opportunity to earn your business. * Note: Rates are subject to credit determination & auction pricing. Past performance is no guarantee of future results. Share this message with the tools below. |