Auto, Mortgage Rates Likely to Stay Low After Fed Decision

The Federal Reserve’s Federal Open Market Committee (FOMC) voted today to keep its key interest rate at or near zero for the next six weeks, and promised to leave it there for as long as two years. The Fed’s target interest rate influences many rates in the market place, particularly mortgage interest rates and auto [...]

Source: http://www.loan.com/blog/2012/04/25/auto-mortgage-rates-likely-to-stay-low-after-fed-decision/

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