Interest Rates Update

0829 Sooner Solutions logo email and webI had to add range on the vertical scale of my chart below, because for the first time, one of the rates that I follow closed the week below 2%.  That’s the five-year swap rate, which is a pretty good guide for Medical Equipment Finance, most of which is based on five-year terms.  If we assume that lenders need 2-3% margin for risk and profit, that means five-year rates should be 4-5%, the lowest yet.

So, if you can bring forward plans to replace or add revenue-generating equipment, you’ll get the lowest rate in a very long time.

trendlines 26-6-16