Loan Rates Expected to Rise as Economy Rebounds
(CNNMoney.com) — As the economy begins to mend, the cost of borrowing money for a big purchase could start to increase.
Mortgages, in particular, have flirted with record lows during the recession. Credit card rates have been bouncing upward and, while auto loan rates are expected to stay low for a little while longer, they can’t stay low forever.
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