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James Kimmons

Loan rates likely to remain cheap, analyst says - Houston Business Journal

By January 3, 2013

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The Federal Reserve has set interest rates near zero -- record lows since December 2008 -- and that's highly unlikely to change in 2013, leaving mortgage rates, auto loans, home equity, credit card rates and deposit rates at their current low-interest levels, said Greg McBride, a senior financial analyst at North Palm Beach, Fla.-based BankRate Inc. via Loan rates likely to remain cheap, analyst says - Houston Business Journal.
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