William's Blog...with a smile!

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No interest rates are not coming down...

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 ..."

 

 

Comment balloon 12 commentsWilliam Feela • June 14 2018 09:01AM

Comments

Morning William.

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

Posted by James Dray, Exceptional Agents, Outstanding Results (Fathom Realty AR LLC) 2 months ago

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

Posted by Barbara Todaro, "Franklin MA Homes" (RE/MAX Executive Realty ) 2 months ago

William,

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

Posted by Ron and Alexandra Seigel, Luxury Real Estate Branding, Marketing & Strategy (Napa Consultants) 2 months ago

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.

Posted by JL Boney, III, Columbia, SC Real Estate (Coldwell Banker) 2 months ago

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

Posted by Lisa Von Domek, ....Experience Isn't Expensive.... It's Priceless! (Lisa Von Domek Team) 2 months ago

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

Posted by Debe Maxwell, CRS, Charlotte Homes for Sale - Charlotte Neighborhoods (www.AtHomesCharlotte.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310) 2 months ago

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

Posted by Vern Eaton, Realtor 651-674-7449 2 months ago

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

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) 2 months ago

Very smart, William. I like the splinters line! 

Posted by Gayle Rich-Boxman Fishhawk Lake Real Estate, "Your Local Expert!" 503-755-2905 (John L Scott Market Center) 2 months ago

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

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) 2 months ago

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!

Posted by Ricki Eichler McCallum, Broker,GRI,ABR, - Your Coastal Bend Home Source (CastNet Realty) 2 months ago

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

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) 2 months ago

Participate