With gasoline prices below two dollars a gallon this week. Will we see 30 year fixed interest rates in the two's?

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Fathom Realty Group Inc., Get Paid what your WORTH! (Fathom Realty Group Inc)

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Rainmaker
4,740,581

Michael Jacobs

Pasadena, CA

Pasadena And Southern California 818.516.4393

Most Californians are still waiting for $2.00/gallon gasoline. Then I can answer your question although I'm not predicting either will happen anytime soon.

Feb 19, 2016 05:06 PM

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4

Kathleen Daniels, Prob...

San Jose, CA
Nina Hollander, Broker

Charlotte, NC
Marco Giancola

Miami Beach, FL
Inna Ivchenko

Encino, CA

Ambassador
3,430,917

Kathleen Daniels, Probate & Trust Specialist

KD Realty - 408.972.1822 - San Jose, CA

Probate Real Estate Services

Only time will tell ... my crystal ball was shattered in the 1989 earthquake we had here in California.

Feb 20, 2016 01:20 AM

Upvote

3

Debbie Laity

Cedaredge, CO
Ryan Huggins - Thousan...

Thousand Oaks, CA
Michael Jacobs

Pasadena, CA

Rainmaker
1,752,137

Sandy Padula & Norm Padula, JD, GRI

HomeSmart Realty West & Florida Realty Investments - , CA

Presence, Persistence & Perseverance

I doubt it. Rates are all manipulated. If the rates get too low, no securities firm will step up to buy bundled non-profitable secured mortgage bonds.

Feb 19, 2016 09:17 PM

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2

Nina Hollander, Broker

Charlotte, NC
Candice A. Donofrio

Fort Mohave, AZ

Rainmaker
5,487,198

Wayne Martin

Wayne M Martin - Oswego, IL

Real Estate Broker - Retired

Not likely to happen.

Feb 19, 2016 09:42 PM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
552,429

Brenda J. Andrew

ULTIMA REAL ESTATE - Willis, TX

Professional Realtor in N Houston & Corpus Christi

That sounds great, but I don't think it will happen. I love the gas prices right now. It takes less than $20 to fill up my little car!

Feb 19, 2016 09:08 PM

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
2,249,704

Michael J. Perry

Fathom Realty - Lancaster, PA

Lancaster, PA Relo Specialist

What we are seeing is that buyers will buy a little further away from where they work(with the low gas prices).

Feb 19, 2016 09:05 PM

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
5,280,540

Dorie Dillard Austin TX

Coldwell Banker Realty ~ 512.750.6899 - Austin, TX

NW Austin ~ Canyon Creek and Spicewood/Balcones

I don't see that happening!

Feb 19, 2016 08:57 PM

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
4,434,227

Gita Bantwal

RE/MAX Centre Realtors - Warwick, PA

REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I hope not.

Feb 19, 2016 08:55 PM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
557,136

Greg Cremia

Shore Realty of the Outer Banks - Nags Head, NC

No connection between the two.

Feb 19, 2016 08:41 PM

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
846,575

Marco Giancola

Beachfront Realty - Miami Beach, FL

Realtor (305)608-1922, Miami Beach Florida

How nice that would be but I don't see the correlation. Unless tanking oil prices effects the prime interest rate I don't see it happening.

Feb 19, 2016 08:11 PM

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
1,650,742

Inna Ivchenko

Barcode Properties - Encino, CA

Realtor® • GRI • HAFA • PSC • Short Sale • Probate

I think, they will try keeping it all low for a few more months, but after election.....it might be a mess for-awhile. What do you think?

Feb 19, 2016 05:49 PM

Upvote

1

Marco Giancola

Miami Beach, FL

Rainmaker
2,538,789

Joe Petrowsky

Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT

Your Mortgage Consultant for Life

Good morning. Quite frankly, that would not surprise me.

Feb 19, 2016 05:29 PM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
2,759,862

TeamCHI - Complete Home Inspections, Inc.

Complete Home Inspections, Inc. - Brentwood, TN

Home Inspectons - Nashville, TN area - 615.661.029

I doubt it. I did purchase gas for $1.419 the other day

Feb 19, 2016 05:16 PM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
4,322,035

Praful Thakkar

LAER Realty Partners - Burlington, MA

Metro Boston Homes For Sale

CA RE Licensing - is there any connection between the two?

Feb 19, 2016 02:35 PM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainer
231,279

Mike Rock

Complete Design - Granite Bay, CA

Granite Bay Luxury New Construction...For Less

no. not for fixed mortages. and i would encourage all buyers to act prior to the national election in nov.

Feb 19, 2016 02:00 PM

Upvote

1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
8,155,063

Roy Kelley

Retired - Gaithersburg, MD

Doubtful.

Feb 21, 2016 03:30 AM

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Ambassador
6,691,416

Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

maybe, but I doubt it

Feb 20, 2016 03:46 PM

Upvote

Rainmaker
1,683,918

Larry Johnston

Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN

Broker,Friends & Neighbors Real Estate, Elkhart,IN

I woud be surprised if it goes that low.

Feb 20, 2016 01:04 PM

Upvote

Rainmaker
2,234,859

Debbie Laity

CinaJones Real Estate - Cedaredge, CO

Your Real Estate Resource for Delta County

I don't think we are going to see interest rates go any lower, but I'm sure loving these gasoline prices.

Feb 20, 2016 10:59 AM

Upvote

Rainmaker
1,539,044

Ryan Huggins - Thousand Oaks, CA

https://HugginsHomes.com - Thousand Oaks, CA

Residential Real Estate and Investment Properties

TWO DOLLARS???? CA must stand for Canada 'cuz it's in the mid to upper $3.00s in Southern Cal.

As to the interest rate, no. I don't think they can drop it that low without causing problems for the banks.

Feb 20, 2016 09:04 AM

Upvote

Rainmaker
3,986,473

William Feela

WHISPERING PINES REALTY - North Branch, MN

Realtor, Whispering Pines Realty 651-674-5999 No.

I hope not...interest needs ot be a bit higher to balance the investors out some.

Feb 20, 2016 07:15 AM

Upvote

Rainmaker
922,444

Olga Simoncelli

Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT

CONSULTANT, Real Estate Services & Risk Management

Oil is only one piece of the puzzle.

Feb 20, 2016 04:13 AM

Upvote

Rainmaker
3,988,138

Debbie Reynolds, C21 Platinum Properties

Platinum Properties- (931)771-9070 - Clarksville, TN

The Dedicated Clarksville TN Realtor-(931)320-6730

I don't think so. It has been nice paying low prices. I paid $129.9 this week with my reward discount.

Feb 20, 2016 03:40 AM

Upvote

Rainmaker
5,204,383

Will Hamm

Hamm Homes - Aurora, CO

"Where There's a Will, There's a Way!"

never will

Feb 20, 2016 02:29 AM

Upvote

Rainmaker
5,584,639

Barbara Todaro

RE/MAX Executive Realty - Happily Retired - Franklin, MA

Previously Affiliated with The Todaro Team

there are adjustables in the 2 range.....our gas prices are $1.67/gallon....

Feb 20, 2016 01:47 AM

Upvote

Rainmaker
617,985

David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation

Colorado Real Estate Advisers LLC - Colorado Springs, CO

Relocation, Luxury & Lifestyle residential

Limited correlation between the two.

Feb 20, 2016 12:33 AM

Upvote

Rainmaker
1,157,841

FN LN

Toronto, ON

Good question for the economists. Each will give you a different answer.

Feb 20, 2016 12:13 AM

Upvote

Rainer
43,981

Stephanie & John Webb

Latte Stone Realty LLC - Albuquerque, NM

Stephanie Webb Co-Owner, Latte Stone Realty, LLC

Our gas prices are $1.28 right now. I would love to see 30 year fixed interest rates that low!

Feb 19, 2016 11:12 PM

Upvote

Rainmaker
3,074,389

Tony and Suzanne Marriott, Associate Brokers

Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ

Coldwell Banker Realty

What is the connection?

Feb 19, 2016 10:42 PM

Upvote

Rainmaker
5,315,992

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Real Estate Broker

I don't see that happening. But I am happy that gasoline in my world is $1.35 a gallon.

Feb 19, 2016 10:34 PM

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Most Californians are still waiting for $2.00/gallon gasoline. Then I can answer your question although I'm not predicting either will happen anytime soon.
Only time will tell ... my crystal ball was shattered in the 1989 earthquake we had here in California.
I doubt it. Rates are all manipulated. If the rates get too low, no securities firm will step up to buy bundled non-profitable secured mortgage bonds.
That sounds great, but I don't think it will happen. I love the gas prices right now. It takes less than $20 to fill up my little car!
What we are seeing is that buyers will buy a little further away from where they work(with the low gas prices).
How nice that would be but I don't see the correlation. Unless tanking oil prices effects the prime interest rate I don't see it happening.
I think, they will try keeping it all low for a few more months, but after election.....it might be a mess for-awhile. What do you think?
no. not for fixed mortages. and i would encourage all buyers to act prior to the national election in nov.
I don't think we are going to see interest rates go any lower, but I'm sure loving these gasoline prices.
TWO DOLLARS???? CA must stand for Canada 'cuz it's in the mid to upper $3.00s in Southern Cal.

As to the interest rate, no. I don't think they can drop it that low without causing problems for the banks.
I hope not...interest needs ot be a bit higher to balance the investors out some.
I don't think so. It has been nice paying low prices. I paid $129.9 this week with my reward discount.
there are adjustables in the 2 range.....our gas prices are $1.67/gallon....
Good question for the economists. Each will give you a different answer.
Our gas prices are $1.28 right now. I would love to see 30 year fixed interest rates that low!
I don't see that happening. But I am happy that gasoline in my world is $1.35 a gallon.