The interest youâ??d pay on a loan would be several percentage points higher than the so-called federal funds rate. But the trend is down, and that means the getting may be as good as itâ??s been in a long time.
If youâ??ve been holding back on a purchase, how much further would rates need to drop before youâ??d pull the trigger? Or are you so worried about the economy, your job or your business that even a â??freeâ?? loan wouldnâ??t draw you into the market?