Roy Kelley (Retired)

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Jeanne Feenick
NextHome Premier - Basking Ridge, NJ
The Agent you choose REALLY does make a difference

I echo what most/many are saying here - no crystal ball but if real forces were allowed to play out, interest rates would already have been raised. These low rates can't last forever and when they adjust upwards, buying power will be diminished. The issue I see in general is a lack of urgency in the market - the fact that we have been saying the same thing for so long, and rates have not changed, has taken the power out of the message. But the day will come and when it does, likely panic will ensue.

Sep 25, 2015 10:31 PM
Sandra Williams
Capital Direct Funding - West Covina, CA
Private Money Lending in California

In general, we mention that rates are historically low right now but that it's a cycle.  Ultimately, they have to consider what their end goals, needs and possible constraints are in making any decision.  When asked, what we think rates will do, we say with a certainty that rates will do one of three things - rise, fall or stay the same.  :)

Sep 25, 2015 05:02 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Roy. I would tell them there will be some continued trend to increase interest rates, but any increase will have very little effect on a mortgage payment.

Make it a great weekend!

Sep 25, 2015 09:52 PM
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

We used to say there was one thing you could be sure of ...the rates will go up! Now we say we are sure they will go up...we just dont know when! Until then take advantage of it while you can!

Sep 25, 2015 03:39 PM
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Yes, but they still drag their feet.

Sep 25, 2015 01:58 PM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

That it may or may not go up, if it is home ownership you are looking for why wait?

Sep 25, 2015 01:38 PM
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I don't speak of future rates or future prices.  My crystal ball is broken.  I can get them rates for "today" and I can show them the pattern of price movement.

Sep 25, 2015 01:13 PM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

No reason to wait, rates will go up faster and will be more likely up than them going down

Sep 25, 2015 12:24 PM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I tell then that interest rates have been low for years and it is inevitable that they will go up, so now is the good time to buy.

Sep 25, 2015 12:24 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I tell them what the Fed is saying and that now is the best time to buy.

Sep 25, 2015 11:45 AM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Roy Kelley I tell buyers, make hay when sun shines! You never know when the rates are going to go up again!

I surely do not have the crystal ball so...

Sep 25, 2015 09:47 AM
Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

To get it while you can.  Interest rates are on their way up.

Sep 25, 2015 08:44 AM
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

"It is unlikely the rates can go lower. Seems only one direction is possible."

Sep 25, 2015 06:27 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I tell them it's only a matter of time before they start rising.  Though, don't ask me when.

Sep 25, 2015 05:02 AM
Bonnie Van Gorder
Epic Real Estate Group - Colorado Springs, CO
Realtor/contractor-SFR, fix/flips are my specialty

They are definitely going to go up! Buy now while they are still so low!

Sep 26, 2015 01:52 AM
Amelia Robinette
NoVa House and Home - Frankly Realty - Falls Church, VA
Education, Innovation, Service

I usually refer them to data that I have on hand. I leave it to the econmists at NAR, mortgage association, Freddie Mac/Fannie Mae published predictions. 

Sep 26, 2015 01:41 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

I don't have a crystal ball nor a degree in predicting.   I share information in a way that I deliver in an unbiased way as possible.  If you have a job that you consider to be relatively secure, you want and are able to purchase and you plan to be there for a while --- real estate remains a solid and proved method of growing wealth in the long term.   

Sep 25, 2015 11:52 PM
Raymond E. Camp
Ontario, NY

The old phrase: "The only thing that comes down continually is rain and you still get soaked"!

Sep 25, 2015 11:00 PM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

That rates will go up... they might not jump up, but we will start seeing rates creeping up.

Sep 25, 2015 10:50 PM
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good Saturday morning Roy. I hope that interest rates do go up. It might get some of these people off the fence.

Sep 25, 2015 06:29 PM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Spend some serious time in discussion in regards to this subject. then do it again and again. Why? Its like a merry go round. Until you jump on, you cant ride! Riding is the end experience as is buying Real Estate. Looking ain't buying

Sep 25, 2015 06:43 AM
Amanda at VA HLC & FedHomeLoan
VA Home Loan Centers - San Diego, CA
Social Media, Content & Client Relations

We tell clients our rates typically change twice a day. 

Sep 25, 2015 06:17 AM
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

That we are at record lows and they will go up sooner or later. Most people aren’t too concerned.

Sep 25, 2015 06:00 AM
Andrzej Niemyjski
Realty One Group - Sun City West, AZ

the easy answer is they are going to go up but there are so many factors that are unknown at this point its hard to tell when

Sep 25, 2015 05:46 AM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Roy - I have heard agents telling people that interest rates are rising for two years now. I tell people I have no idea what is going to happen in the future. If I could predict the future, I would be a very rich man.

Sep 25, 2015 05:34 AM
The Woodland Team of Texas
The Woodland Companies - Austin, TX
Land Specialists

I dont get into that.

Mar 06, 2019 09:18 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

likely to go up.

Sep 13, 2018 08:26 PM
Ryan Huggins - Thousand Oaks, CA - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I tell them that if I could predict the numbers, I'd clean house in Vegas and be retired on my own private island!  LOL!!!  No one but the Fed can predict them.  Earlier this month I spent an hour and a half listening to a Ph.D. in Economics who was the chief advisor for Wells Fargo and consulted with by every major news outlett.  He was CONVINCED that the Fed would raise rates by half a percent and keep raising them every meeting until the election season and start up again.  He gave lots of great reasons that made perfect sense and had great historical evidence to back them up.  And the rates stayed the same.

Sep 26, 2015 11:44 AM