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No interest rates are not coming down...

By
Real Estate Broker/Owner with WHISPERING PINES REALTY 20398180

The totally  unrealistic interest rates for home loans is going up.

The Fed has been watching and warning that the  rates will be going in up.

This week I had a client ask if rates were coming down anytime soon.

Rates ave been at historic lows for several years now.

Setting on the fence now will only give you splinters.

There is no phrase worse than..."I wish I had ..."

 

 

James Dray
Fathom Realty - Bentonville, AR

Morning William.

Yes sir, now is the time to act.  Waiting will cost you dearly  

Jun 14, 2018 03:07 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, William Feela rates WILL BE going up SOON... if buyers are actively looking, jump when it's found.

Jun 14, 2018 03:28 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

William,

True words from you, and they will be raising it a few more times.  Happy Thursday. A

Jun 14, 2018 08:04 AM
JL Boney, III
Coldwell Banker - Columbia, SC
Columbia, SC Real Estate

There are always those that miss the boat unfortunately and there are still folks out there who feel like the great rates will last forever.

Jun 14, 2018 01:07 PM
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

The rates have been held too low for too long William Feela and it's going to shock buyers when they climb...

Jun 14, 2018 07:16 PM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I agree, William! And, I love it - fence sitting will only give you splinters - well said!

Jun 14, 2018 11:14 PM
Vern Eaton
Askov, MN
Realtor 651-674-7449

It is already a bit late to get into the action.  But never to latte in this current market

Jun 15, 2018 01:42 AM
Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

I agree, I don't see any dip in interest rates on the horizon.  That's a spectacular photo, by the way!

Jun 15, 2018 04:08 AM
Gayle Rich-Boxman Fishhawk Lake Real Estate
John L Scott Market Center - Birkenfeld, OR
"Your Local Expert!" 503-739-3843

Very smart, William. I like the splinters line! 

Jun 15, 2018 08:13 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

William, those dragging their feet on a home purchase will qualify for less when they eventually move forward.

Jun 15, 2018 08:29 AM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

so true!  Historic low rates are over for a long time now, in my opinion.  Buy now, it will never be lower for a long time!

Jun 15, 2018 07:17 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I haven't had anyone ask that question in a couple of years. They in fact are on the way up.

Jun 15, 2018 07:46 PM