Because most people take out a loan to buy a car, the interest rate on their auto loan drives the final cost of the car up. In fact, an auto loan’s interest rate is usually the second most expensive part of buying a car. If you can get a good auto loan interest rate, you can save thousands. Auto Loan Rates in July 2019
Unlike a 7A loan, the loan rates for the CDC portions of an SBA 504 loan are fixed for the life of the loan and will not go up or down. The portion of the loan provided by the bank, credit union, or non-bank lender does not need to be fixed (it may have a variable rate, a balloon payment, etc.).
Current Fed Discount Rate Current Discount Rates – Federal reserve discount window – District, primary credit rate, Secondary Credit Rate, Effective Date. Boston, 3.00 %, 3.50%, 12-20-2018. New York, 3.00%, 3.50%, 12-20-2018. Philadelphia.