The new TRAD SRA rates are out for year two. Big drop this year.So, with the new rates for SRAs published, we can see how valuable the TRAD rate reset a number of us have completed will be for its first full year.
The "black hole" vintage's yield for 2020-2021 has been increased from 3.00 to 3.25%.
The vintage I, and most of us in this thread, ended up in of 11/22 - 12/22 (inclusive) has its yield increased from 5.50% to 5.85%.
Thus the delta has moved from 2.50% (5.50 - 3.00) up to 2.60% (5.85 - 3.25). I never expected the gap to actually widen.
The "black hole" vintage yield has been decreased from 3.25% back to the guaranteed minimum of 3.00%.
The vintage including the end of the year for 2022, when many of us reentered after our 120 days, has been cut from 5.85% down to 5.25%.
Thus the difference is still sizable but down to 2.25%. Glad I took the time to reset that vintage. It's not healing well.
Statistics: Posted by JustAnotherProf — Fri Mar 01, 2024 5:02 pm — Replies 373 — Views 31272