5,258,966
It was bound to happen! We've been enjoying this ride for far longer than I ever imagined we would!
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Jim Cheney
Santa Rosa, CA
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Jeff Pearl
Lovettsville, VA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Roy Kelley
Gaithersburg, MD
-
Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Richard Bazinet /MBA, ...
Scottsdale, AZ
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Peter Testa
Danbury, CT
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Tony and Suzanne Marri...
Scottsdale, AZ
-
Candice A. Donofrio
Fort Mohave, AZ
5,117,178
They've been signalling for months that there would be an increase in December. Surprise! Well, maybe not so much a surprise afterall!
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Jim Cheney
Santa Rosa, CA
-
Jeff Pearl
Lovettsville, VA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Roy Kelley
Gaithersburg, MD
-
Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Richard Bazinet /MBA, ...
Scottsdale, AZ
-
Lyn Sims
Schaumburg, IL
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Peter Testa
Danbury, CT
353,865
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.
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Debe Maxwell, CRS
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
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Nina Hollander, Broker
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
1,555,100
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).
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Debe Maxwell, CRS
Charlotte, NC
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Thomas J. Nelson, REAL...
La Jolla, CA
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Anthony Acosta - ALLAT...
Atlanta, GA
-
Nina Hollander, Broker
Charlotte, NC
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Andrew Mooers | 207.53...
Houlton, ME
1,625,353
Well, they were promising it for so long. But it is not significant this time.
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Debe Maxwell, CRS
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Nina Hollander, Broker
Charlotte, NC
3,416,038
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
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Jeff Pearl
Lovettsville, VA
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
716,789
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.
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Debe Maxwell, CRS
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
1,847,901
From what I understand there was no reason to do it. Not sure what their thinking was -- duh!~
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Peter Testa
Danbury, CT
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
5,246,557
Rates are so low that I don't think it makes a real difference.
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Jeff Pearl
Lovettsville, VA
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
760,035
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.
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Debe Maxwell, CRS
Charlotte, NC
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Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Lyn Sims
Schaumburg, IL
6,426,155
Just a tiny adjustment.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Bob Crane
Stevens Point, WI
1,507,073
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!
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Jeff Pearl
Lovettsville, VA
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
599,734
I don't worry about things like that. I just mind my business.
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Debe Maxwell, CRS
Charlotte, NC
-
Jeff Pearl
Lovettsville, VA
-
Anthony Acosta - ALLAT...
Atlanta, GA
7,871,831
Expect higher mortgage rates in the new year.
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Jeff Pearl
Lovettsville, VA
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
1,202,697
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
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Peter Testa
Danbury, CT
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
4,800,132
It was expected.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
914,198
Not too worried about it. It will mainly affect credit cards first.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
1,712,876
It is all about inflation if found.
-
Debe Maxwell, CRS
Charlotte, NC
-
Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
902,538
Not a surprise at all.
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Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
150,466
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.
-
Jeff Pearl
Lovettsville, VA
-
Anthony Acosta - ALLAT...
Atlanta, GA
5,583,328
we all knew it was coming....
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Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
2,684,769
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.
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Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
5,773,367
I am not surprised
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Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
1,153,794
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.
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Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
3,350,764
If what goes up must come down is true ... then ... never mind.
I do believe it is time for adjustments to be made.
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Debe Maxwell, CRS
Charlotte, NC
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Anthony Acosta - ALLAT...
Atlanta, GA
225,526
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
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
1,466,257
Anthony Acosta - ALLATLANTACONDOS.COM When I first got into real estate the rates were at 12-18%. An increase would still be pretty low.
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Jeff Pearl
Lovettsville, VA
-
Anthony Acosta - ALLAT...
Atlanta, GA
921,504
I think they are not done yet. Expect 8 more half point adjustments before the trajectory is interrupted.
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Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
4,907,547
So small
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Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
3,071,589
Debe Maxwell, CRS nailed this one!
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Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
3,627,272
It happens, accept the change and move on
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Doug Dawes
Topsfield, MA
-
Anthony Acosta - ALLAT...
Atlanta, GA
3,988,013
I've been expecting it for a year. No surprises here.
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Debe Maxwell, CRS
Charlotte, NC
4,434,177
2,785,606
All things without exceptions work in cycles...There is a time for everything
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Anthony Acosta - ALLAT...
Atlanta, GA
1,598,452
7,628
5,879,816
Even though the Fed raised rates, it did not impact the rates for buyers much.