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Tony Lewis, Summit Real Estate Group Valencia & Aliso Viejo (Summit Real Estate Group)

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Rainmaker
1,361,477
Peter Mohylsky Gulf Front Homes
Property Management International-Destin - Inlet Beach, FL
Call me at 850-517-7098

That is a nice number but me thinks it is low.  Just my opinion.  Those days are gone for now.  

Oct 24, 2024 02:50 PM
Rainmaker
2,629,912
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I've been closing about 3 loans a week lately Tony Lewis and I think the best rate I've seen has been 5.5%. I'd be jumping with joy if I could get my client a rate a whole 1.5% point lower than what I've seen others get.

Oct 24, 2024 06:14 PM
Ambassador
3,360,707
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
Southern Utah's Preferred Real Estate Agent.

Nice thought but my crystal ball broke and am unsure what the future holds, Tony.

Oct 24, 2024 05:55 PM
Rainmaker
2,916,903
Richard Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Sounds reasonable to me & fair. However, the lenders business model has the final say. If it is run on pure, economic laws, market value or whatever I can make, will take precedence. Good question to ponder thank you

Oct 25, 2024 06:56 AM
Rainmaker
5,697,103
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

The best rate a buyer can get is the best rate available when they are ready to  pull the trigger. The decision rio buy is theirs alone. The interest rate available is beyond their control. 

Oct 25, 2024 04:36 AM
Ambassador
6,909,039
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

My first mortgage was 18 percent, anything less than that is a good thing.

Oct 24, 2024 07:39 PM
Ambassador
5,679,301
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

I think 6% is good but, have seen a 5.2% refi rate here recently. If you're getting 4.25%, I'd be thrilled!

Oct 24, 2024 06:26 PM
Rainmaker
1,534,543
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Dream on!

Oct 24, 2024 05:11 PM
Ambassador
3,479,106
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

 

"Acceptable" would be what falls within their "affordable" range. 

Oct 25, 2024 08:39 AM
Rainmaker
4,881,571
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Interest in moving forward in many sorts of ways is multi-layered.  A lot of different factors seem to combine.  

Oct 25, 2024 06:56 AM
Rainmaker
293,758
Jerry Thomas-Construction Loans
Cranbrook Loans - Farmington Hills, MI
Construction Loans in MI, OH, PA, CO VA, GA and FL

I don't think current rates are an issue. The issue is the cost of a new home, it's crazy!

Oct 25, 2024 03:38 AM
Ambassador
3,238,707
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

about 7%  Inflations is still too high.

Oct 25, 2024 01:12 PM
Rainmaker
1,134,023
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

That figure would depend on the state of the overall economy and the housing market. Look how many times it has changed over half a century! 

Oct 25, 2024 07:33 AM
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