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 ..."

 

 

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Rainmaker
2,649,190
James Dray
Fathom Realty AR LLC - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning William.

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

Jun 14, 2018 03:07 AM #1
Rainmaker
4,608,597
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

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 #2
Rainmaker
4,050,226
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 #3
Rainmaker
655,728
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 #4
Rainmaker
2,660,438
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 #5
Ambassador
2,898,546
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

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

Jun 14, 2018 11:14 PM #6
Rainmaker
611,618
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 #7
Rainmaker
2,326,495
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

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 #8
Ambassador
1,322,397
Gayle Rich-Boxman Fishhawk Lake Real Estate
John L Scott Market Center - Birkenfeld, OR
"Your Local Expert!" 503-755-2905

Very smart, William. I like the splinters line! 

Jun 15, 2018 08:13 AM #9
Rainmaker
3,836,005
Joan Cox
Metro Brokers - 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 #10
Rainmaker
465,503
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, - Your Coastal Bend Home Source

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 #11
Ambassador
3,977,501
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

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 #12
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Rainmaker
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William Feela

Realtor, Whispering Pines Realty 651-674-5999 No.
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