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IMPORTANT: Bing News RSS feed has moved!"The Fed will keep short interest rates low. The competition in the sector will also keep rates low. So there's not a lot of pressure pushing interest rates up at the moment," he says. The bleak situation in Europe actually may help keep car ... Read moreCar loans coast down low-rate lane during 2012Higher used-car prices and low interest rates also helped spur sales, executives and analysts said. "Normally you have a little bit of the December hangover," Al Castignetti, head of U.S. sales for Nissan brand, said. "January starts out very ... Read moreAuto sales in January show unusual strengthDETROIT — U.S. auto sales are off to a strong start this year ... year for the industry since before the recession in 2007. New products, low interest rates and better loan availability helped overcome lingering worries about the economy and pushed ... Read moreChrysler, VW lead way as January auto sales rise in U.S.but also for those interesting in buying a car and for the federal government which borrows a lot of money. And while, it isn't a guarantee rates will stay low, some worry the announcement might discourage people from buying or taking out loans. Des Read moreLower interest rates piquing local interest... interest rate on a 60-month new car loan is 5.2% on new car loans, down from 6.2% a year ago, according to Bankrate.com. At the dealerships, promotional interest rates are often lower and can be as little as 0% to 2%, says Gutierrez; while ... Read moreLooser Credit Standards Boost Car SalesNew models, low interest rates and better loan availability helped buyers overcome lingering ... pace last year but plummeted after the Japanese earthquake in March caused car shortages and didn't recover until the final four months of 2011. Read moreAuto industry looking upCar Loans If you held off on buying a new car during the recession ... But if you do the math, you may find that a lower rate from an outside lender would eventually offset any special price you're offered by the dealership. Read moreKey Moves For Surviving Low Interest Rates30 (Bloomberg) -- Demand for business loans increased ... when rates fell to 3.88 percent. The yield on benchmark 10-year notes fell to 1.83 percent as of 2:49 p.m. The yield on the five-year Treasury reached a record low today of 0.72 percent. Read moreFed Says Business-Loan Demand Climbs as Economy AcceleratesOne reason car sales are improving is that buyers have no choice but to replace aging vehicles. The average age of a vehicle in America has reached a record 10.8 years. Low interest rates and greater loan availability also spurred demand in January. Read moreFor additional information, please see:
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