To tame inflation, interest rates must exceed inflation. Inflation for March only was double digits. That means interest rates of 15% or higher. So probably not the best time to pass up 5% interest rates to wait for 2.5% to come back. I think 5% is lower than any in my adult other than the recent few years. Historically, 5% has been a bargain. And it is not subjective. Interest rates less than inflation rates mean borrow. Generally, American consumers can pay off loans whenever rates fall. There used to be prepayment penalties. Probably still are on commercial loans.