best rates out there

[BGIII]

Why have boat rates gone up so much in the last 2 years? Mortgage rates are up about 1% from 2 years ago and boats appear to be up 3%.

[offthefront]

Originally Posted by BGIII

Why have boat rates gone up so much in the last 2 years? Mortgage rates are up about 1% from 2 years ago and boats appear to be up 3%.

Cause they can ......

[crb76]

Originally Posted by Sydwayz

Clark, did you talk to Robin at www.thedonedeal.com ? She financed Monsoon for me. She is AWESOME to work with.

Brian, I will give her a try...

[formula1]

Boat loans are more closely tied to the prime rate, which the Feds keep raising! Mortgages are tied to the Treasury Bond index (10 or 30 year). That's why the mortgage rates are more stable than the Boat loans. BTW, I'm not referring to 2nd's or Home Equity type of mortgages.

[BGIII]

Originally Posted by formula1

Boat loans are more closely tied to the prime rate, which the Feds keep raising! Mortgages are tied to the Treasury Bond index (10 or 30 year). That's why the mortgage rates are more stable than the Boat loans. BTW, I'm not referring to 2nd's or Home Equity type of mortgages.

thanks

[TxFountain]

Originally Posted by mwdill

I'll be the first to ask, who has the best interest rates out there now?

Russo Financial 6.25 for 20 year fixed
Credit score over 720
Financing 150K plus
2003 or newer boat
5.99 fixed 3/1 adjustable