Fed holds rates steady, dealers brace for possible hike later this year
On the Dash:
Fed holds rates at 3.5% to 3.75%, scraps March forecast for a 2026 rate cut
9 of 18 Fed officials now expect a rate hike before year...
TSLA406.55012.49%
GM76.6500.41%
F13.6100.11%
RIVN18.1201.46%
CYD47.070-0.01%
HMC27.590-0.14%
TM174.320-2.83%
CVNA67.1200.76%
PAG191.4908.97%
LAD311.9809.07%
AN192.3104.66%
GPI302.9608.31999%
ABG211.7306.98%
SAH95.3107.3%
TSLA406.55012.49%
GM76.6500.41%
F13.6100.11%
RIVN18.1201.46%
CYD47.070-0.01%
HMC27.590-0.14%
TM174.320-2.83%
CVNA67.1200.76%
PAG191.4908.97%
LAD311.9809.07%
AN192.3104.66%
GPI302.9608.31999%
ABG211.7306.98%
SAH95.3107.3%
TSLA406.55012.49%
GM76.6500.41%
F13.6100.11%
RIVN18.1201.46%
CYD47.070-0.01%
HMC27.590-0.14%
TM174.320-2.83%
CVNA67.1200.76%
PAG191.4908.97%
LAD311.9809.07%
AN192.3104.66%
GPI302.9608.31999%
ABG211.7306.98%
SAH95.3107.3%
auto loans
Auto loan payments top $1,000 for nearly 1 in 5 borrowers
On the Dash:
Nearly 1 in 5 new vehicle loans now carries a monthly payment of $1,000 or more, according to Experian.
More than a third of new vehicle loan...
Auto loan delinquencies hold near 3% as borrower stress eases
On the Dash:
Auto loan balances newly entering serious delinquency held at 2.97% in Q1 2026.
Borrowers aged 18 to 29 posted the highest serious delinquency rates across all loan...
Fed holds rates steady, squeezing used-car buyers
On the Dash:
Used-car buyers face the greatest strain as high interest rates persist, with no incentives to offset costs.
Rising gas prices disproportionately impact lower-income households, compounding affordability challenges.
...
Rising car prices push Americans toward longer auto loans
On the Dash:
Nearly 50% of borrowers rely on auto loans longer than 72 months to manage rising vehicle costs.
Millennials and Gen X carry the largest balances, while Gen...
New vehicle buyers could see modest tax savings under IRS rule
On the Dash:
Buyers of new, U.S.-assembled vehicles purchased in 2025 may deduct up to $10,000 a year in auto loan interest under new IRS guidance.
Eligibility is limited by...
Tax deduction for auto loan interest could ease car affordability challenges
On the Dash:
A new 2025 tax law allows qualifying buyers to deduct up to $10,000 in annual auto loan interest.
Only new, U.S.-assembled vehicles weighing less than 14,000 pounds qualify...
Underwater car trade-ins climb to highest level since 2021
On the Dash:
About 26.6% of new car trade-ins were underwater in Q2 2025, the highest in four years.
The average negative equity on these loans was $6,754, with 23.4%...
White House pressure on Fed intensifies as Trump signals Powell’s exit
Tensions between the White House and the Federal Reserve continue to escalate as President Donald Trump sharpens his criticism of Fed Chair Jerome Powell. During a bilateral meeting on Tuesday...
Auto loan market shifts as student loan delinquencies distort subprime scores
The reactivation of student loan repayments in late 2024 is transforming the auto finance landscape, especially within the subprime credit segment. According to the Federal Reserve Bank of New York,...
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