Interest rates and commodities

~ BethMannRealEstateLaw

Interest rate risings affect all types of commodities.
Even though auto loans are fixed, car prices are rising along with interest rates on new loans.
Paying an APR of 5% instead of 4% would cost consumers $1324 more in interest over the course of
a $40k /72 mo loan.

Published by BethMannRealEstateLaw

- Illinois Attorney with over 20 years experience. - My law firm concentrates on Real Estate law primarily REO, short sales and transactional closings. - ReoMac preferred attorney - Member of the Illinois Bar, CBA, ISBA and ABA - Juris Doctorate from John Marshall Law School in 1990.

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