Fed Cuts Rates: Will RV Rates Follow?
The Fed cut rates 1/2 percent this morning in an effort to keep the stock market bubble growing. I'm negotiating a new RV loan to close in 10 days and the dealer quoted me 5.49% last week. I haven't...
Forum Discussion
No, in fact, the opposite can happen.
This is a signal that the Feds are seeing bigger economic risks and lenders will factor in a higher rate to compensate for defaults due to economic downturn.
This is a signal that the Feds are seeing bigger economic risks and lenders will factor in a higher rate to compensate for defaults due to economic downturn.
