Rates Dropping

Rates dropping!

With the announcement that the rates are going down, it might be the right time to jump in on financing right now.

What many don't know is that when the rates are low, the spreads are higher.  When the WSJ Prime rate was as low as 3.25%, the average spread was about 2.0% on commercial real estate secured loans.  Right now, we are seeing spreads as low as 0.5% with an average of 1.0% spread on commercial real estate secured loans.  Don't expect these spreads to stay low as the rates drops.

If you have any financing or refinancing needs at this time, reach out to Team BWCA as we are always here to help with any consulting needs.  Reach out to any of our team members for more information.  Don’t forget to subscribe to our newsletter!