Lori Gunn and Parveen Hughes, Fleming Island Agents (Better Homes and Gardens Lifestyle Real Estate)

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John Meussner
Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, - Walnut Creek, CA
#MortgageMadeEasy Walnut Creek, CA 484-680-4852

POTUS election will have no effect, at least directly, on rates.  Policy changes post-election can affect rates though, based largely on the feeling investors have for potential losses/gains in short term VS long term investments.

 

Rates will remain low as the world tries to navigate the new marketplace that we've entered --- there is currently a currency battle taking place, and tugs from opposite ends of economic spectrums, as Europe continues to stimulate their economy through central banking policies, while we try to back away from that domestically --- the trouble is, the global markets are so linked that results have been largely stagnant markets.

 

Historical trends are important to track, however we're in uncharted waters economically and geopolitically, so chances are whatever direction we're headed won't be anything like we've seen before that would "make sense" based on history.

Mar 15, 2016 05:20 AM
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Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I think the answers of both John Meussner and Gabe Sanders while different are accurate.  

Mar 15, 2016 09:17 PM
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I have given up any notion of trying to predict interest rates.

Mar 15, 2016 04:45 AM
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DEANNA C. SMITH CERTIFIED MOBILE NOTARY
Certified Mobile Notary Signing Agent - Smith Mountain Lake, VA
Highest Ranked Certified Mobile Notary in Virginia

Two thoughts.   First, the FED has hinted at a rate hike in June so if that happens, I expect rates will start to edge up though they are not tied directly to the FED rate.  Second, it has been my experience that once the race is narrowed down to the final candidates (2), then the big money starts taking sides and they are no longer holding rates down to protect the incumbent.   That should also fall in the June - July timeframe.

My best guess, and that's what this is; would be rates will begin slowly rising this summer.  

Mar 15, 2016 02:28 AM
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Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

No but I believe that FNMA puts out those trends. I have interest rates over the years but they do not mark election years.

http://www.freddiemac.com/pmms/pmms30.htm

 

Mar 14, 2016 11:25 PM
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Joan Dickie
Keller Williams Premier Realty - La Crosse, WI
Keller Williams Premier Realty

Interest rates go up and down.  I would think they would eventually go back up in response to some economic factor.

Mar 14, 2016 11:17 PM
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Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

I don't think this effects interest rates. Look for an adjustment in June.

Mar 14, 2016 11:11 PM
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I had to read John's take on this, as I would have thought the rates would increase after the election.

Mar 16, 2016 09:57 AM
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Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

no idea.

Mar 15, 2016 09:39 PM
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I don't think our economy or actually employment numbers can support another hike.

Mar 15, 2016 01:05 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
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likely to stay fairly steady with a possibility of a small rise.

Mar 15, 2016 12:32 PM
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

My guess, based on what I leared from a Wells Fargo employed economics Ph.D. is that the Fed will likely hold rates steady to not influence the elections.  Then they will start raising them slowly so that if they need to drop them to stave off a recession, they can do so.

Mar 15, 2016 11:41 AM
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

The way i see it is becuase there is limited listings, there is limited sales. There is also limited refinacing going on which with low demand, will keep mortgage rates low. 

Mar 15, 2016 10:18 AM
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

In my early years in real estate it was hold onto your pants when there was an election. We saw big jumps in rates but then again rates were always jumping around. We have been in much more stable markets when it comes to interest rates. We are in a new paradigm. 

Mar 15, 2016 09:02 AM
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FN LN
Toronto, ON

This type of stuff does not surprise me.  The upcoming presidental election may create a boom for the networks as they enjoy high advertising revenue.

Mar 15, 2016 08:40 AM
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Chrissi Chapman Topoleski
Coldwell Banker Realty - Woodbridge, VA
Passionate about helping others achieve success!

My guess is that rates will stay where they are or decline a bit. There is alot of uncertainty around the election, and I think raising rates will slow the economy. Even with low interest rates people are still having a hard time getting loans.

Mar 15, 2016 03:19 AM
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I hope they go up some...WE get no return on our savings so most people do not try to save

Mar 15, 2016 02:29 AM
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Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I don't think anything drastic will happen.... 

Mar 15, 2016 01:13 AM
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Women of Westchester Working Together
Women of Westchester Working Together - West Harrison, NY
Women helping Women get ahead

I would think interest rate is more tied to economy.  Anecdotally, sales tend to slow in election years/longer decision process.

Mar 15, 2016 01:10 AM
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Lori and Parveen,

Have no idea, we shall see what happens.  A

Mar 15, 2016 12:23 AM
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Typically they stay low in an election year due to many factors including an uncertain ecomnomy!

Mar 15, 2016 12:05 AM
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

The economy is not on steady footing is what the interests tell us. Wall Street is studying intensely what the candidates believe in as it will affect the stock market. Knowing ahead of time to buy or sell creates money killings

Mar 15, 2016 12:02 AM
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Smart consumers are taking advantage of the current very low mortgage interest rates. 

Mar 14, 2016 11:53 PM
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
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We historically see a slowing around election time.  People get nervous.

Mar 14, 2016 11:34 PM
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Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Lori Gunn and Parveen Hughes Sorry, I can't find my crystal ball and it's rather early with time change, etc. for educated guess.  Good reason for buyers & sellers to act now rather than wait.

Mar 14, 2016 11:32 PM