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Post being replied to
Since the Fed has already signaled a cut by Doggie
I would suspect current rate quotes have already factored that in.
But, if I do my economist thing and say it all depends on what you assume
-given that the rate cut is probably only going to be 1/4%, I not so sure it would affect the rate for student loans all that much. There isn't always an immediate cause/effect for very small Fed rate cuts for all matters of loans especially considering that rates in general are already pretty low.
- if the Fed decides not to cut rates after all
-a large event (significant earthquake in CA., further issues with Iran etc) could actually cause rates to go up.
In short, if you think it is a good rate, I'd go with it.