Tag: interest rates

Affordability concerns continue to plague the auto finance industry amid high prices and rising interest rates in a global economy ...

Competition in the credit market is heating up as banks and credit unions lean on low-cost deposits to keep auto ...

The powersports retail market has yet to feel the effect of rising interest rates, but lenders’ margins are getting squeezed ...

The U.S. economy shrank for the first time since 2020, reflecting an import surge tied to robust consumer demand. While ...

Federal Reserve Chair Jerome Powell blessed a half-point interest-rate hike next month and signaled support for further aggressive tightening to ...

Rising interest rates for auto loans are set to further suppress vehicle affordability as new vehicle production remains hampered due ...

Prime rates at the nation’s largest banks with auto lending arms increased today following the Federal Reserve’s announcement Wednesday that ...

Auto refinance will likely see an uptick in 2022 as more consumers become aware of the option and vehicle prices ...