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17 Comments on Interest Rates: Make Hay While The Sun Shines!
If buyers don't buy right now while the rates are low, they just won't buy!
Joan,
It's suprising to find that there are still buyers out there who don't have a clear picture of their ability to buy, and who are preoccupied with other parts of their lives. Agents need to give a clear call to action. So do lenders.
Mike in Tucson
Mike,
"Don't be a spectator. Jump in and get that low-interest-rate nectar while the getting's good."
Great and timely advice, extremely well illustrated!
Bill
Thanks for the encouragement. I thought about including this photo, with the advice: "Get it before it gets trampled." LOL
Mike in Tucson
I was popping over here to see what eye candy you were bringing me today Mike and here I got wise advice too! The rates are unbelievable, I thoughI'd never see these numbers ever again in my lifetime!!! I certainly didn't hesitate to take advantage of them.
Love the second creature photo along w/ your other title too.
Amen!
Mike,
You really know how to make a point with your gorgeous photography and words of wisdom. It "ain't gonna last!"
Margaret
Margaret,
It's good to see you; thanks for commenting!
Bill,
Welcome back! LOL
Cynthia,
Aren't those sunflowers beautiful! Thanks for commenting.
Mike in Tucson
Mike - I hate to be the one to bring this to your attention - but have you visited this page recently? :-)
http://activerain.com/states/AZ
Tony, you dog! LOL
Seriously, I saw that we had flip-flopped this afternoon, and didn't have time to call you. Congrats!
Mike in Tucson
Hi Mike - lovely illustration of a poignant point. You come up with some fabulous posts!
Mike - You are still the AZ AR Dude! When I can take photos like the ones you take - then we'll talk! :-)
Mike - I agree. They will be way back up to 5% before you know it!
Great post! You are so right, these rates won't last long!
I have been so surprised that they have remained low for so long... I keep expecting them to climb..
Hi Mike -- Your photos are AMAZING. The colors are brilliant, let alone the composition. I love the metaphor and very true. I once had a loan officer tell me that every 1% rise in interest rates equates to a 10% decline in property values to keep the payment the same with the point being, the risk is much more with interest rates rising versus buyers focusing on a potential decline in values. Future values cannot be known, but when interest rates rise, you know it instantly and that risk is real. No time like the present?
Mike,
Great blog, I am going to re-post it. Have a great day!
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