Anthony Acosta - ALLATLANTACONDOS.COM, Associate Broker (Harry Norman, REALTORS® )

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Ambassador
2,533,783
Debe Maxwell, CRS
www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

It was bound to happen! We've been enjoying this ride for far longer than I ever imagined we would!

Dec 13, 2017 09:14 PM
Rainmaker
2,395,709
Nina Hollander
RE/MAX Executive | Charlotte, NC - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

They've been signalling for months that there would be an increase in December. Surprise! Well, maybe not so much a surprise afterall!

Dec 14, 2017 04:03 AM
Rainer
353,135
Jim Cheney
Saint Francis Property Santa Rosa, CA - Santa Rosa, CA
Rincon Valley Realtor 707.494.1055

The problems with keeping them low is that we get use to it and kick and scream when it's time for them to go back up to where they should be.

Dec 13, 2017 09:38 PM
Rainmaker
798,525
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

It will happen three times between now and a year from now. We’ll remain in the 4’s so it’ll remain amazingly low. (Anything under eight percent is still amazing historically).

Dec 14, 2017 01:47 AM
Rainmaker
1,348,042
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Los Angeles CA

Well, they were promising it for so long. But it is not significant this time. 

Dec 13, 2017 09:13 PM
Rainmaker
2,641,530
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

I think they will hold off until spring. Trump knows a sharp raise in rates could put the breaks on the booming economy. New mortgage starts are still low, so mortgage rates will stay down

Dec 14, 2017 05:42 AM
Rainmaker
602,557
Richard Bazinet /MBA, CRS, ABR
AZuRE Team - Realty ONE Group - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

It was indeed expected, and it's a good thing. It's also a reflection that our general economy is doing well. We want that.

Keep in mind that greater return will bring more money into mortgage securities, mortgage loans will become more competitive and that will help fuel real estate sales.

Dec 14, 2017 05:40 AM
Rainmaker
1,373,590
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Area Real Estate

From what I understand there was no reason to do it. Not sure what their thinking was -- duh!~

Dec 14, 2017 05:17 AM
Rainmaker
2,652,864
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker

Rates are so low that I don't think it makes a real difference.

Dec 14, 2017 04:59 AM
Rainmaker
407,355
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

No one likes higher interest rates but it is something we all see coming & it is aimed at keeping financial markets in check.

Nothing like Connecticut's Governor Malloy's plan to double the Sales Tax on Real Estate Sales in our home state. That, just like his policies on Corporate taxes which drove the big business' in CT out, will have an adverse effect on the number of people looking to purchase in the state. We're all waiting for him to go, even the dolts that voted him in for a 2nd term. 

Dec 14, 2017 04:51 AM
Ambassador
3,397,811
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams fox cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Just a tiny adjustment.

Dec 13, 2017 09:07 PM
Rainmaker
1,069,701
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Has to happen.  Needs to happen.  Can't lower them to stimulate the economy if they don't raise them first!  Don't want to be one of those countries like Greece with negative interest rates!

Dec 14, 2017 03:13 PM
Rainmaker
526,290
Nathan Gesner
American West Realty & Management - Cody, WY
Broker / Property Manager

I don't worry about things like that. I just mind my business.

Dec 14, 2017 08:22 AM
Rainmaker
4,607,848
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Expect higher mortgage rates in the new year.

Dec 14, 2017 07:12 AM
Rainmaker
581,946
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Rates go up and rates go down. We paid 13% when we bought our house in 1985. I have a friend who paid upwards of 20%. People will always buy real estate

 

Dec 14, 2017 06:17 AM
Rainmaker
4,256,765
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

It was expected.

Dec 14, 2017 05:19 AM
Rainmaker
649,495
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Not too worried about it. It will mainly affect credit cards first.

Dec 14, 2017 04:05 AM
Ambassador
1,365,910
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

It is all about inflation if found.

Dec 14, 2017 03:43 AM
Rainmaker
667,114
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Not a surprise at all.

Dec 14, 2017 12:37 PM
Rainer
147,396
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

I think that its pretty silly how they talk about it month after month, and then do it. Seems like very sloppy policy, and not a good way to manage the health of the economy.

Dec 14, 2017 10:00 AM
Rainmaker
4,268,333
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"Franklin MA Homes"

we all knew it was coming.... 

Dec 14, 2017 09:29 AM
Ambassador
2,056,704
Fred Griffin
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

      The Federal Reserve Bank is not Federal, it has no reserves, it is not a bank.   See the book, "The Creature from Jekyll Island", by G. Edward Griffin. 

     As to your question:  Interest rates have been artificially low for way too long.  They are bound to increase.

Dec 14, 2017 08:06 AM
Rainmaker
3,731,216
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

I am not surprised

Dec 14, 2017 07:44 AM
Rainmaker
861,454
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

These 1/4% hikes drive me nuts. I would much rather see a .75 or 1% jump to get the ball rolling. I have no worries that the economy can't handle such a HUGE rise.

Dec 14, 2017 07:38 AM
Rainmaker
2,586,664
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

If what goes up must come down is true ... then ... never mind. 

I do believe it is time for adjustments to be made. 

Dec 14, 2017 07:22 AM
Rainer
138,059
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

This rate increase was known for at least 6 months, so there was no surprise. Rates will continue to go up in 2018 but very gradual 

Dec 14, 2017 07:18 AM
Rainmaker
1,326,262
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Anthony Acosta - ALLATLANTACONDOS.COM When I first got into real estate the rates were at 12-18%. An increase would still be pretty low.

Dec 14, 2017 06:39 AM
Rainmaker
653,868
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I think they are not done yet. Expect 8 more half point adjustments before the trajectory is interrupted.

Dec 14, 2017 05:28 AM
Rainmaker
2,458,680
Richard Weeks
Dallas, TX
REALTOR®, Broker

So small 

Dec 14, 2017 04:57 AM
Rainmaker
2,932,997
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Debe Maxwell, CRS nailed this one!

Dec 14, 2017 04:49 AM
Rainmaker
2,440,817
James Dray
Fathom Realty AR LLC - Bentonville, AR
Exceptional Agents, Outstanding Results

It happens, accept the change and move on

Dec 14, 2017 04:16 AM
Ambassador
3,669,041
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I've been expecting it for a year. No surprises here.

Dec 14, 2017 06:31 PM
Rainmaker
4,004,234
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Expected.

Dec 14, 2017 08:34 AM
Rainmaker
2,269,183
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

All things without exceptions work in cycles...There is a time for everything

Dec 14, 2017 07:36 AM
Rainer
7,578
Elva Wormley
C2 Financial Corporation - San Jose, CA
San Jose, CA Mortgage Broker, Lender

Mortgage bonds responded favorably to the increase.

Dec 16, 2017 04:07 PM
Rainmaker
3,528,247
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

Even though the Fed raised rates, it did not impact the rates for buyers much.

Dec 16, 2017 02:53 PM
Rainmaker
929,587
Corinne Guest
Barrington Realty Company - Barrington, IL
The Choice of Professionals for Luxury Home Buying

Still so low don't think it will impact real estate sales.

Dec 15, 2017 12:36 PM