Miami Boat Show financing
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Join Date: Jul 2004
Location: Palm Harbor, FL
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While recreational loans are not tied to the discount rate, I do expect a gradual trickle down effect over the next couple of weeks and we may see another .25% or so drop before the Miami show. We did have a couple banks drop .25% last week based on lower cost of funds but those were the more conservative lenders who do not have an appetite for performance boats.