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.

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.  :)

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!

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!

Yes, but they still drag their feet.

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

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.

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

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.

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

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...

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

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

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

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

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. 

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.   

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

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

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

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

We tell clients our rates typically change twice a day. 

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

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

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.

I dont get into that.

likely to go up.

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.