Auto Loan Rates This Week: Average Rates Mixed, 3 Year Loans for New Autos Lower and 4 Year Loans Higher

Average auto loan rates was mixed this week compared to last week. Interest rates on mortgages and auto loans have been heading higher as rates have increased. Since the economy is recovering and hiring as picked up we will see higher auto loan rates in 2011 as the Fed raises the Fed funds rate and banks raise rates.