2,684,109
The Federal Reserve Bank is not federal, it has no reserves, it is not a bank.
To your question: no significant effect on either.
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Kathleen Daniels, Prob...
San Jose, CA
-
Ryan Huggins - Thousan...
Thousand Oaks, CA
-
Sam Shueh
San Jose, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
-
Bob "RealMan" Timm
Minot, ND
417,221
In historic 50 year overlook .25 to .5 raise means nothing.
However; it is scaring buyers in the low end. Not that you
have any low end priced homes in San Jose Sam Shueh I see prices
reducing 5% in 2019 to make deals close.
-
Kathleen Daniels, Prob...
San Jose, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Sam Shueh
San Jose, CA
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Fred Griffin Florida R...
Tallahassee, FL
-
Candice A. Donofrio
Fort Mohave, AZ
-
Diana Dahlberg
Pleasant Prairie, WI
2,390,681
I'd rather guess at the weather Sam Shueh BUT it's as if the people in charge are doing their best to ruin a roaring economy.
-
Kathleen Daniels, Prob...
San Jose, CA
-
Sam Shueh
San Jose, CA
-
Steve Higgins
Kelowna, BC
-
Bruce Kunz
Howell, NJ
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Bruce Walter
West Lafayette, IN
1,052,321
Saw this from one of my Facebook friends in the mortgage business:
Fed bumps short-term benchmark rate 25 basis points higher. Leaves door open for two more 25 basis point hikes in 2019. News is mortgage interest rate neutral.
-
Debe Maxwell, CRS
Charlotte, NC
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
-
Diana Dahlberg
Pleasant Prairie, WI
2,781,303
Physically it wont affect it much at all but psychologically & emotionally it will as it cannot escape the law of cause and effect...How much effect is the unknown but I predict it to be a morale type issue if anything
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Sam Shueh
San Jose, CA
-
Bruce Kunz
Howell, NJ
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
4,572,595
Real sellers will sell. Real buyers will continue to buy. Anyone can predict. Life goes on.
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Kathleen Daniels, Prob...
San Jose, CA
-
Steve Higgins
Kelowna, BC
-
Debe Maxwell, CRS
Charlotte, NC
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
679,404
Even with two more hikes ... we will still be below an interest rate that would cause buyers to stop. Our economy is rising ... interest rates will rise along with it. Personally I wish the FEDS would not do this so fast.
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Kathleen Daniels, Prob...
San Jose, CA
-
Steve Higgins
Kelowna, BC
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
1,598,452
Yes, somehow it will affect the market. We will see it in 2019.
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Steve Higgins
Kelowna, BC
-
Bob "RealMan" Timm
Minot, ND
-
Sam Shueh
San Jose, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
2,071,025
It will at some degree.
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Steve Higgins
Kelowna, BC
-
Bob "RealMan" Timm
Minot, ND
-
Sam Shueh
San Jose, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
6,393,609
I doubt it will be noticed.
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Bob Crane
Stevens Point, WI
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
3,345,221
What Fred Griffin said.
-
Michael Jacobs
Pasadena, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
1,503,028
I'm with Bob Timm and Fred on this one.
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Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
3,416,038
With mortgage starts down, rates may stay down on mortgages, but they are inching up and when they hit the 5 mark, im expecting a slow down
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Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Sam Shueh
San Jose, CA
4,434,127
It will affect affordability for some buyers
-
Sam Shueh
San Jose, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
5,230,159
Another reason to go with the devil you know (2019) than the one you don't (2020)! PLUS, 2020 is an election year!
-
Kathleen Daniels, Prob...
San Jose, CA
-
Michael Jacobs
Pasadena, CA
-
Steve Higgins
Kelowna, BC
-
Bob "RealMan" Timm
Minot, ND
5,583,278
those increases are nothing significant.... not enough to stop a sale....
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Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
375,087
I don't think it will make much difference. It doesn't directly translate into mortgage rates. People will always be buying houses.
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Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
5,104,931
Rates are still at historic lows.
-
Steve Higgins
Kelowna, BC
-
Bob "RealMan" Timm
Minot, ND
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
5,049,488
Time will tell.
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
7,836,442
Every increase impacts affordability.
Smart consumers want to take advantage of the current very attractive mortgage interest rates.
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Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
1,712,676
We have strong affordabikity so any mortgage rate hikes will be minimal in impact.
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
-
Michael Jacobs
Pasadena, CA
1,543,983
This was announced several weeks ago. As it is every Q4.
We've been correcting (SD Market) since 2/2018, so I imagine we'll be in-line with the rates by then as prices have leveled off here since July. San Diego's affordability is off the charts unaffordable by traditional standards, so that is in the eye of the borrower.
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Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
4,800,082
I think rates will go up and affordability will be more difficult for many.
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Sam Shueh
San Jose, CA
5,217,392
In over 45 years in the business, those who have to buy or sell do so regardless of the morrtgage rates. Rates are at historic lows. Rates were around 7% with 3 points in 1972 when I entered the business. People were buying and selling at a record pace because rates were low!
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Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Bob "RealMan" Timm
Minot, ND
3,365
Rates are still really low. I don’t see it significantly impacting the real estate market significantly.
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
1,374,473
Interest rates are still at historic lows. I don’t see it having too much of an impact in my Market area.
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Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
-
Debe Maxwell, CRS
Charlotte, NC
805,939
The Canadian government has raised our a few times in the last 1.5 years, we are seeing the market slow.
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
5,772,575
What Candice A. Donofrio said. A
-
Bob "RealMan" Timm
Minot, ND
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Michael Jacobs
Pasadena, CA
-
Candice A. Donofrio
Fort Mohave, AZ
1,311,772
Interest rates have risen and will continue to do so. Of course, the increased cost of financing will impact affordability. Home values would have to dip sharply in order to offset the increased cost of financing...something many buyers do not consider when they say that they are waiting for the supposed bubble to burst.
-
Michael Jacobs
Pasadena, CA
-
Bob "RealMan" Timm
Minot, ND
5,868,689
Our market has already slowed, so hope the proposed interest rate hikes won't affect it any more than it has.
3,986,258
4,936,727