Market Volatility

March 5, 2020

The financial markets have been nothing short of turbulent over the past two weeks primarily due to the uncertainty of the economic impact of the novel coronavirus. According to an article in Bloomberg on March 5, 2020, written by Randell Jensen and Vildana Hajric, “Risk assets have whipsawed this week, with traders still on edge amid a rise in virus cases around the world…”

What does this mean for borrowers? The benchmark 10-year Treasury note is at all-time historic lows, closing today at 0.91%. All segments of the lending market are currently active, and the market is quite liquid. 10-year fixed-rate loans are currently being priced from 2.75%-4.00%. The perceived risk profile of a loan dictates how it prices. It is important to call your Slatt Capital representative for market information so that you can make an informed decision on your financial needs.