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Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes)

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Rainmaker
2,781,163
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Economy is fragile. It is not robust, healthy or steady. Up? No way

Jun 20, 2016 05:26 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I think they will be low for quite a while.  (But, Ive been wrong before.)

Jun 20, 2016 04:32 AM
Rainmaker
7,836,129
Roy Kelley
Retired - Gaithersburg, MD

Interest rates will go up unrelated to the election.

Jun 20, 2016 09:11 PM
Rainmaker
634,482
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Rates will rise slightly when the Fed see the right markers to make the next increase. But I expect little impact on RE sales.

Jun 20, 2016 06:31 PM
Ambassador
3,164,269
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

not significantly for another few years is what I think Will.

Jun 20, 2016 04:04 PM
Rainmaker
533,993
Robert Havana
Park and Protect- Alberta Real Estate License Parking - Calgary, AB
Alberta Real Estate License Parking

if i had a nickel for everytime i predicted interest rates correctly, well lets just say i'd have a nickel....

Jun 20, 2016 03:55 PM
Ambassador
3,727,873
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

I don't have a clue!

Jun 20, 2016 01:54 PM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I keep hearing they will go up after July 4th. Who knows? They haven't followed the route anyone has predicted for years.

Jun 20, 2016 07:56 AM
Rainmaker
108,016
Scott Lawson
America's Home loans - Santa Rosa, Petaluma Mortgage Broker - Santa Rosa, CA
Mortgage Broker FHA, VA, refinance or purchase

Absolutely not. There's another global financial crisis in the making. everthing is going to get much worse and finally flushed before we can start another cycle up which will lead to higher rates. That will be years in the future...

Jun 20, 2016 05:58 AM
Rainmaker
1,844,271
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

No, I've seen a few predictors & I don't think it will. Jobs market isn't doing that well.

Jun 20, 2016 05:07 AM
Rainer
225,526
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

The general opinions are that rates will rise sometime this year. Many thought that we would have a June rate increase, but the jobs report was weak, and now many are thinking a one time rate increase this year. The increase should have no effect on sales... yet. Fear of the unknown drives rates up, so there will be less of an increase should Clinton win, and a bigger increase if Trump wins. Happens everytime a different party goes in the white house.

Jun 20, 2016 04:24 AM
Rainmaker
5,216,398
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

With the choices currently available, I doubt it will have any effect!

Jun 20, 2016 11:22 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

They are bound to go up, but when no one knows. With the current economic situation teetering on a cliff, rates may stay low. Too much "real" news is kept from the public. 

Jun 20, 2016 10:59 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

They might go up, but I don't think a lot. And my experience is that more buyers come out of the woodwork when rates start going up so they can lock in rates before they go up further.

Jun 20, 2016 10:28 PM
Rainmaker
989,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I think we're in for a wild ride

Jun 20, 2016 09:39 PM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

They may but I don't think it would have a big impact

Jun 20, 2016 10:50 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Will Hamm Let me check my crystal ball.

Jun 20, 2016 08:45 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I think the vote in Britain on Friday will have more of an effect at this point. It has already delayed The Fed on the last meeting to see what happens.

Jun 20, 2016 05:59 AM
Rainmaker
1,157,785
FN LN
Toronto, ON

I don't have a crystal ball.

Jun 20, 2016 05:43 AM
Rainmaker
469,510
Dan & Laurie Pittsenbarger Team
Keller Williams Western Realty - Bellingham, WA
Lakeside & Coastal Single Family Homes

I think rates are going to continue to bounce around in the "low" range and have little effect on our biz.

Jun 20, 2016 05:07 AM
Ambassador
6,393,154
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Maybe yes, maybe no. 

There will be bigger issues in this election that may have an effect, but this one will be minor.

Jun 20, 2016 04:26 AM
Rainmaker
979,496
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Will - Great question, we will have to wait and see. I do not profess to be able to predict the future like some people.

Jun 24, 2016 02:55 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Do not now.

Jun 21, 2016 10:10 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

My crystal ball refuses to answer that question. 

Jun 21, 2016 01:05 PM
Ambassador
1,076,551
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

Until our economy gets it's crap together, rates aren't going anywhere.  If the Fed raises rates, we're right back into recession.

Jun 21, 2016 04:18 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

No crystal ball here!

Jun 20, 2016 09:21 PM
Rainmaker
3,626,530
James Dray
Fathom Realty - Bentonville, AR

That depends on who wins

Jun 20, 2016 09:00 PM
Rainmaker
4,319,419
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Will Hamm --- I wish I could confirm that...

We all know this is so unpredictable...

Jun 20, 2016 04:23 PM
Rainmaker
1,683,912
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

I wouldn't be surprised to see it go up after the fall election.

Jun 20, 2016 01:19 PM
Rainmaker
1,771,867
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

I hope not Will.

Jun 20, 2016 12:09 PM
Ambassador
2,684,009
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     If Hillary wins, the entire economy will collapse.  Rates will be the last of our problems.  If Trump wins, Obama will do everything he can in his remaining few months to further wreck the American economy.

Jun 20, 2016 06:27 AM
Rainmaker
2,182,502
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

yes to 5%

Jun 20, 2016 05:42 AM
Rainmaker
1,239,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Yes in 2016. No in 2017. In our area, home affordability is an issue. It will stall the market making selling harder than before.

Jun 20, 2016 04:56 AM
Rainer
66,409
Kartik Subramaniam
Adhi Schools, LLC - Rancho Cucamonga, CA
Market Analysis--Educational Content, Adhi Schools

I don't anticipate rates going up before the election. I was in the "rates up in June" camp at the beginning of the year, but as Bob Betel said that weak job report squashed that. 

The issue now is if the Fed will raise rates before an election in which they very likely want Clinton to succeed. I don't envision them chancing any show of instability that is associated with a Democratic administration by raising rates. So if they do raise rates it will be very late in the year. But I think a 2017 rate bump is a near-guarantee. But I've been wrong before, so who knows. 

 

Jun 20, 2016 04:37 AM