So I'm looking to implement a tool into our proforma to feed our debt assumptions. Typically when we get serious about a deal we start to call our lenders and get quotes on base+spread. Since we usually take 10yr fixed rate debt on all our deals, the vanilla Fannie/Freddie loans usually work for us. That being said, our spreads are pretty consistent, leaving the 10yr Yield for the that day to set the rate.
Question being, is there a way to have a cell or cells that automatically source data from a website that would display these rates? Has anyone implemented something like this? I attempted to use Data>From Web, but couldn't get it to work.
This way whenever I open a new proforma, my daily debt assumptions would be automatically updates. Call me lazy, but I believe in reducing redundancy. Any help is greatly appreciated.
Definitely possibly, but you will need to use VBA to query a website and pull the data into excel, I did this a few yrs ago when doing research but don't have the code..just google it or ask your coder buddies
I unfortunately don't have any coder buddies like that, lol. I tried googling it but all roads led to Data>From Web which was just catastrophic
www.experts-exchange.com is a solid forum for dork programmers willing to help out..there are VBA experts there who know excel
I have been thinking of a way to do this as well. Using the Data>From Web tool worked to import a table of indices that I can link to my debt calculations. In your case, what was the problem? Was the data not updating?
I think my main issue was finding a data source online that didn't have tons of codes/ads/etc. running on the page, that updated daily, and that excel could easily read. It kept on crashing anytime I tried to link it to a website.
Try snaprates.com, its laid out pretty simply in table format.
Omnis eveniet nesciunt voluptas provident molestiae. Quo ratione optio ut hic sunt non maiores. Quam voluptates accusantium sint illum repellendus vero eius. Voluptate sit modi provident magnam rerum ut.
Consectetur repellat voluptas unde dolore beatae omnis. Asperiores officia aut nulla voluptatem dicta. Quos aut nesciunt ea nulla facilis quo doloremque. Eius et et et eum possimus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...