Tag Archives: best rates

How Do Lenders Arrive at an Interest Rate?

In a recent blog about the recent rate cut, I wrote the following: Will borrowing costs come down? Not as fast as everyone would like. While lenders’ rates typically follow the Federal Funds Rate directionally, the relationship isn’t as straightforward as many might expect. Lenders adjust more slowly, cautiously, and incrementally than the Fed. A 50 basis point… Read More »

2024 Thought: It’s Always the Best Time to Finance Equipment

There’s a saying in the stock market that goes something like this: The best time to invest was ten years ago. The second-best time is right now.  The implication is that there really is no better time than right now, unless we have a time machine. Which we (sadly) don’t. The same goes for acquiring equipment for your… Read More »

Rising Interest Rates Works Both Ways

As many of us figured they would, the fed just raised interest rates again. This time by a half point, the largest single increase in two decades.  Many predicted these hikes, and if comments by pundits and economists are to be believed, rate hikes will continue for the foreseeable future.  That said, rising interest rates are not all… Read More »