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

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.