Financing Rates These Days
My new F450 is going to (hopefully) begin production this Fall. Super Duty production is supposed to begin in October and my order was placed on day of the order banks this year. But we'll see. I h...
Forum Discussion
joebedford wrote:
In Canada, interest rates are set by the Bank of Canada which is completely independent from the federal government (at least it's supposed to be).
USA is similar.
I don't think anyone will finance a towable in Canada. It may be different for a drivable - I really haven't looked into that.
In the United States, interest rates are controlled by the market. They are heavily influenced by the Fed's open market activities, but they are not controlled directly by any government agency.
