The world has its attention focused on COVID-19 and the effects it is having. When we are discussing finances, we are usually thinking about what the stock market is doing, the economic stimulus bill, and things of that nature. However, one ag loan specialist says now may be the time to take advantage of the low interest rates.
T.J. Roemmich is a Senior Vice President and Credit Officer with Conterra Ag Capital in West Des Moines. He says right now is a good time to reevaluate your ag loans and look to refinance if you haven?t in the past 6 months.
Even though treasuries have already started to bounce back up due to fears of recession during this pandemic, you can still take advantage of favorable rates.
Roemmich says you can also refinance homes separately from Ag loans, and you may be able to get some even more favorable rate options.
Roemmich is certain the Ag sector will bounce back. The industry has always been resilient and stood the test of time.
For more information on what Conterra Ag Capital can do for you, call them at (855) 381-3451 or visit their website.
