Commercial Finance Interest Rate Update | September 2021

In the article, “Wall Street closes up amid inflation concerns, debt ceiling debate,” Stephen Culp quotes Oliver Pursche, Senior Vice President at Wealthspire Advisors as saying, “Investors are concerned about three things: the eventual taper of bond purchases by the Fed, ongoing inflation with Chairman Powell saying it’s going to stick around longer than initially expected, and the debt ceiling issue that congress is grappling with.”

Federal Reserve Chairman Powell has recently been publicly expressing frustration over persistent supply chain issues which could keep inflation in the market for longer than he expected.

The benchmark 10-year treasury closed today at 1.49% still very low from a historical standpoint.

The current market for fixed-rate loans looks like the following:

• 3-year fixed-rate loans from 2.25-3.50%
• 5-year fixed-rate loans from 2.50-3.75%
• 10-year fixed-rate loans from 2.60-4.00%
• 15-year fixed-rate loans from 2.85-4.50%
• 20-year fixed-rate loans from 3.00-4.50%

August 2021 Interest Rate Update
June 2021 Interest Rate Update