Rates Are Going Up - The When and The Why (IMHO)

By
Services for Real Estate Pros with CMG Financial and Expansion Marketing Services FA100050874

Rates are going up, it's inevitable.

In addition to the fact that rates ALWAYS go up, let's consider this....

1.) We are in the midst of a "great election" ... that seems more like a reality show than the race we deserve to decide our future upon ...

2.) A Future that rests in the balance. Our county, seemingly plauged by illness & big pharma, by threat of terrorisim & foreign attack, by corruption & scandal  ....

We the People, desperate for change, daily battle fear. 

3.) Fear of the economoy, fear of our safety, and frankly, fear of our future. 

5.) But the fact is, we MUST go on. And really ... We Must go on Buying. And Selling. Consumerisim. Capitalisim. Acquiring Goods. It Feeds The Machine, and

It's not going anywhere. 

6.) And so, the Feds have kept our rates appealingly low, to keep us moving forward. 

7.) So Keep Buying, and for crying out loud, tell your clients to KEEP BUYING!!

keep buying

 

Because here's what's up ... 

 

The Federal Gov't recently and quietly announced that $9.3 TRILLION, Yes, TRILLION, Tax Payer Dollars are unaccounted for at Department of Defense due to "accounting entry errors". Right. 

In case you've lost count .... that's

$8.5 Trillion in 1996 after the Pentagon is Audited for the 1st time and Monica Lewinsky shows us her blue dress.

Another $2.3 Trillion on 09/10/2001.

For a total (we think) of $20.1 TRILLION Tax Payer DOLLARS

(or $63,029.16 Dollars for Every Man, Woman, and Child in the United States) 

missing.

cookin the books

 

ADDITIONALLY 

Some media outlets are reporting the EMINENT collapse of German Giant "Duetsche Bank" ...Likely to send a shockwave throughout the global economy. 

Substaintially increasing investments in "real" goods, like precious metals,

indicate a big shift of the money from the debt-backed la-la-land to the tangible markets. 

 

Simply Said and Long Story Short:

These too-long-held artifically low interst rates, CANNOT be Sustained.

They WILL Go UP, and SOON.  

My prediction, the moment we collectively turn our heads from the battle of McDonald's verus Burger King, er, I mean, the Presidential Candidate Show *(Airs at 9/8Central) ...  

the feds will hit us with a doozy. 

 

I guess that ..

Those who find themselves in a stable place (an Affordable home for example), will likely lay back, and wait it out. The rest of em ... who knows.

 

Words for Our Industry ... 

Help People prepare for the shift by assisting them in bettering their current financial situation... NOW 

just do it

Posted by

EXPANSION MARKETING SERVICES

Comments (8)

Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

It's kind of just the flow of the economy in what seems to be a handful of year cycle. But we carry on. :)

Oct 05, 2016 03:50 PM
MichelleCherie Carr Crowe .Just Call. 408-252-8900
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Yes, most of us in the industry expect rates to go up.

Oct 05, 2016 03:56 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Erin, we have been waiting for the rates to go up but now it really will happen especially if the person who becomes president is not the one that the Fed Likes... but that is another story...Endre

Oct 05, 2016 04:54 PM
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

To add my two cents- been down so long, it looks like up!

Oct 05, 2016 08:00 PM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

It is a crazy time in our nation and apparently in Germany as well.  I hope the rate increase is gradual.  I know the elephant in the room balmed the federal reserve of playing politics by keeping rates so low.  Whine whine.......  or should I say swine swine.

Oct 06, 2016 04:21 AM
Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Erin - I agree that rates will be rising, but I'd bet the Fed will do it more or less gradually as the economy can handle it. That's wild about the DOD "errors" - that's a really really big number. Hope you're doing well!

Oct 06, 2016 05:15 AM
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

The rates definitely have no where to go but up, so now is the time to get out there and buy.  The financial future looks like it could be rocky.

Oct 06, 2016 05:20 AM
Erin Bates
CMG Financial and Expansion Marketing Services - Aurora, CO

Dick Greenberg YAYYYY I am so glad you came over - I was hoping I would get the economist extraordinaire to read my measly little blog. 

Oct 06, 2016 05:46 AM