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The yield curve has significantly steepened
over the last few months. What does this mean for you and your clients?
Long products now offer a big benefit.
A few years ago, short products offered the same or better fixed rate and
adjustments as long products. Other than larger commissions, there was no
reason to offer your client a 15-year product instead of a 5-year product.
That is no longer the case. Five-year products are currently offering
fixed rates around 3.50%. Fifteen-year products are offering fixed rates
around 4.75%. That’s the difference between discussing a 7% AP2P cap or a
10% AP2P cap with your clients.
Right now, long products are better for you and
your clients.
Click here for the
full report!
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