William's Blog...with a smile!


Is the increase in interest rates really the bad boy?

I see blog after blog of the doom and gloom of higher interest rates.

Is it really that bad or am I missing something.

I understand that some payments will go up  by 40-50 and even $60 or more.

But, how many people will drop out because of those amounts?

I had a potential client that told me they had to wait and see how much his employer was going to raise up his health insurance.

Am I the only one that has had so many people drop or postpone a sale?

My personal Health ins. is going fro.m $498 to $763 a month. 

That is almost $270 increase for a month.

We all need to raise our hackles about this.  Not only is this affecting our home sales, but all sorts of sales.  Shopping for those extras we just want and not need will be one.  Not going out to eat as often is another possible.

Is there anyone who has seen a decrease in their areas Health premiums?  I would like to hear about it.



My deductible is just short of $7,000. My out of pocket for health care before the ins. kicks in (Except for yearly physicals) Is about $13,000.  Next year it will be apx $16,000+.

How long can our Nation survive this disaster?


Cut rate procedures will start becoming the norm.

Comment balloon 13 commentsWilliam Feela • December 01 2016 10:39PM


Health care premiums have gone down no where, Bill. The cost of housing is up, interest rates are up, maybe only gas is a bit down. Of course, it will start impacting people's budgets. I think they will still buy homes, but less expensive ones (assuming they can find them). (I'm thankful I'm old and have been on Medicare since before Obamacare.)

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Realty) about 4 years ago

William health insurance is ridiculous. Pretty much since OC was introduced our insurance went from 25 co-pay with 0 deductible to about 19K a year and it's gotten worse over the years. But I do fully expect this all to change quickly after January 20th.  It is a real concern for most families - much more so than rising interest rates which really isn't that big of a deal in the long view of things.

Posted by Anna Banana Kruchten CRS CRB, Phoenix Broker, 602-380-4886 (HomeSmart Real Estate BR030809000) about 4 years ago

William, I doubt if anyone will find a price decrease in Health Insurance. Not to throw stones but this Obama Care is a total mess and one key reason rates are climbing by large amounts of increase. 

Posted by Robert Bob Gilbert, Your Katy TX ( West of Houston) Real Estate Expert (Berkshire Hathaway HomeServices Anderson Properties) about 4 years ago


The interest rates by them self is the the issue . . . . It the cost of heath insurance  and the deductibles that 's going to be a big time issue.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) about 4 years ago

Health Insurance was given the OK to rape the American Public.  Rather intentionally or not, bottom line remains the same.  Mark

Posted by Mark Don McInnes, Sandpoint, North Idaho Real Estate - 208-255.6227 about 4 years ago

Hi William Feela - you raise a great point. Interest Rates are going to go up but as Myrl Jeffcoat said in another post...It may get fence sitters to climb off the fence. But healthcare in Arizona is going up by 120% - the largest rate increase in the country.  This is what can kill a deal faster. 

Posted by Sheri Sperry - MCNE®, (928) 274-7355 ~ YOUR Solutions REALTOR® (Coldwell Banker Realty) about 4 years ago

Good morning William. I was fortunate to be able to carry my insurance from my former employer until I reached that magic age for Medicare.  There just has to be a better way.  One thing for sure the medical insurance is going to change.  Just not fast enough for some  

Posted by James Dray, Exceptional Agents, Outstanding Results (Fathom Realty) about 4 years ago

Hi William.  You are right about the increasing costs of health care.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) about 4 years ago

I see in my rural area, which is not wealthy by any means, People saying they will NOT buy ins but pay the cheaper fine instead and even that has an effect on people

Posted by Vern Eaton, Realtor 651-674-7449 about 4 years ago

I would agree with the general sentiments of the comments thus far: higher interest rates might be less than ideal for people in a tighter fiscal spot, but they have far less impact than the other expensive things in our lives (e.g. healthcare, education, rent).

Posted by Cody Carmen, Market Analysis--Educational Content, Adhi Schools (Adhi Schools, LLC) about 4 years ago

The health care crisis is more of an issue than the mortgage rate increase.  Hopefully the new administration will kick Obamacare to the curb and bring a better plan to the table.

Posted by Lisa Von Domek, ....Experience Isn't Expensive.... It's Priceless! (Lisa Von Domek Team) about 4 years ago

The dramatic increase in the cost of health insurance is impacting many families.

Posted by Roy Kelley (Realty Group Referrals) about 4 years ago

It is a broken system for sure Bill, lets just hope that the new guy has a real plan to fix it.

Posted by Bob Crane, Forestland Experts! 715-204-9671 (Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities) about 4 years ago