Fed Rate Hike Is Coming

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2015 Nov 6, 6:52am 31,204 views 62 comments

2 year which needs to be over .80% is now at .90%

54 anonymous 2015 Dec 16, 7:39am

logan, just curious - would you have advised your borrowers to lock in a mortgage rate yesterday?

_ 2015 Dec 16, 7:47am

logan, just curious - would you have advised your borrowers to lock in a mortgage rate yesterday?

I do rate predictions for Bankrate.com weekly, so I run off technical levels for my clients that are in the process

It's funny how I speak about rates and how other people do it

Strategist 2015 Dec 16, 7:51am

- Active Drug users

- Active criminals

- Those with a criminal record ( Hard to Find Job)

The above deserve to struggle.

57 anonymous 2015 Dec 16, 7:57am

lol, some people just like to be vague...

key point is volatility i suppose. not a great time to roll the dice with a float to close the year.

_ 2015 Dec 16, 8:00am

key point is volatility i suppose. not a great time to roll the dice with a float to close the year.

I locked my last client for the year when the 10 year was at 2.14%

Rate locks can be tricky because people can get emotional about it, but the YSP spreads on credit is really a big factor in locking these days.

We had a mini taper move this year when 10's went from 1.64% - 2.50% a lot people were pissed when they didn't lock...

59 anonymous 2015 Dec 16, 8:07am

good stuff. thanks.

_ 2015 Dec 16, 8:25am

If Rapping Yellen Doesn't raise I will be pissed
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http://www.jibjab.com/view/w7olzxySQde-IsuASzz6_Q

_ 2015 Dec 16, 11:06am

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