Wednesday, July 8, 2009

GATT Update for July 8th

After locking in the month of May at 4.23%, the GATT rate looked like it was going to skyrocket, closing as high as 4.75 on June 10th. But as of yesterday, July 7th, the GATT closed at 4.31 and is currently at 4.25 as of the time of this post.

Still too early to tell what the rate will look like in August for those of you debating between a 3rd Quarter vs. 4th Quarter retirement, but the last few weeks have been more encouraging on the interest rate front.