Is This The Last Chance for Low Rates?

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A) not last because the population will increase. B) last because there is no link between growth and population. C) last indefinitely regardless of any other factor.

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It’s your last chance to enjoy vehicle rates this low. Now is the time to purchase or refinance your car, truck, boat, motorcycle or RV. Our rates will increase on July 2nd.

 · Relentless pressure from markets over the last couple of months has seen the Fed looking for appropriate cover to lower interest rates, and the central bank has signaled that a cut will be coming, most probably a quarter of a percentage point move and most likely at the end of this month.

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 · When you’re buying a home, for example, it can take 60 days or longer to close. Thankfully, rate locks are available for time frames longer than just 30 days. Mortgage rates can be locked in 15-day increments, all the way up to 90 days. Beyond 90 days, the increment shifts to 30-day periods, up to 360 days total.

Interest rates have enjoyed several months of prosperity without any major bounce back toward higher levels, but that might be changing as of this week. Could this be the last time we see rates this low for a while?

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