Caroline Gerardo, C. G. Barbeau the Loan Lady nmls 324982 (Sun West Mortgage Corporation)

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Rainmaker
900,559
Diana Zaccaro
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Now we just need inventory! 

Mar 03, 2020 11:43 AM
Ambassador
2,491,308
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Good news!

Mar 03, 2020 10:45 AM
Rainmaker
3,727,993
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I heard that. 

 

Mar 03, 2020 01:20 PM
Rainmaker
5,972,916
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

It is a good time for mortgage borrowers.

Mar 03, 2020 12:07 PM
Rainmaker
2,901,809
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I saw that - amazing!   

Mar 03, 2020 12:05 PM
Rainer
222,367
Don Baker
Lane Realty - Eatonton, GA

should have done it 30 days ago.

Mar 03, 2020 11:46 AM
Rainmaker
1,762,796
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

I did not know that Caroline Gerardo . My business has been great (loan closing) for the entire last year but I imagine it will pick up even more now.

Mar 03, 2020 11:45 AM
Rainmaker
1,076,375
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Awesome news. We need inventory.

Mar 03, 2020 10:57 AM
Ambassador
4,293,577
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Yes I saw that - I was not surprised but good news

Mar 03, 2020 10:46 AM
Rainmaker
3,561,073
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I heard this yesterday... still gob-smacked by these rates.

Mar 04, 2020 04:13 AM
Rainer
314,289
Derrick Guevremont
Counselor Realty of Rochester - Rochester, MN
Rochester MN Homes for Sale

It’s absolutely incredible! Saw a 30 year quote at 2.875% yesterday!!!!

Mar 04, 2020 01:41 AM
Rainmaker
349,608
Mayra Espinosa Realtor San Mateo Pacifica Homes
Mayra Espinosa Broker- Realtor| Call 650-996-8961 - San Mateo, CA
Pacifica -San Mateo,CA Real Estate agent, Buy,sell

That will create an opportunity for households shifting from the costly rental apartment of one or two bedrooms for a young family with one or two children when they begin to need more space.  

Mar 03, 2020 09:40 PM
Rainmaker
801,054
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

It is a great time to refinace!

It is a great time to buy!

Mar 03, 2020 05:02 PM
Rainmaker
2,569,593
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Lets all thank the coronavirus for the fed interest cut? 

Mar 03, 2020 03:01 PM
Rainmaker
1,315,592
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Yes.  Still wondering how a rate cut will help spur travel, event attendance, conferences and the rest of the economy.  On the bright side, the retail sector should be having a major boom this quarter!

Mar 03, 2020 02:10 PM
Rainmaker
1,100,886
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

0.997%-10 year

I check on line CD for 1 year it was 1.4% now it is 1.0%......

 

Mar 03, 2020 01:23 PM
Rainmaker
4,999,498
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Caroline,

I am well aware of that.  It is good that it happened, and oddly enough the stock market is down..A

Mar 03, 2020 12:22 PM
Rainmaker
1,631,036
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

wow, thanks for the update.

Mar 03, 2020 12:14 PM
Rainmaker
133,441
Kris Collis, Associate Broker
Smart Way America Realty - East Stroudsburg, PA
Professional Results you Expect 702-574-8102

Yes, NAR announced it today.

Perfectly timed by the onslaught of new no-doc loan companies.

Mar 03, 2020 08:36 PM
Rainer
100,182
Jerrill Ewing
N & J Lake Properties, LLC - Eatonton, GA
Builder

expected it

Mar 03, 2020 12:03 PM
Rainmaker
897,218
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

Glad to hear they did this. 

Mar 04, 2020 07:36 AM
Ambassador
4,839,711
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Good to have low interest rates, hope that people don't get caught unprepared when they bounce back up.

I did find it humorous that our great leader claims that this virus is a hoax, yet finds it okay to use it as an excuse for "emergency" measures.

Mar 04, 2020 07:23 AM
Rainmaker
504,666
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

The fed raises rates in a strong economy and lowers rates in a weak economy. What is the actual state of our economy when we are told it is the greatest ever BUT the government's actions are those of a weak ecomomy??

Mar 04, 2020 04:46 AM
Rainmaker
3,206,883
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

We already had a flood of buyers. Just need more homes to sell them. 

Mar 04, 2020 05:28 AM
Rainmaker
399,088
Jim Holder
HomeSmart Connect - Arlington Heights, IL
REALTOR EMERITUS, ABR,ePRO,CNC,SFR,

What do you say now with the 10 yr at . 596%?
How much lower??
Negative rates?

Apr 01, 2020 06:48 AM
Rainmaker
201,808
Eva B. Liland Century 21 Doug Anderson
Century 21 Doug Anderson - Lancaster, CA
Glad to be of Service 661-714-1643

Curious to have long it will last? Plenty of buyers, few homes to sell. Normally we have 1,300-1,400 listings in GAVAR, now down to 670...

Mar 08, 2020 09:06 AM