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William Piotrowski, Just Call William 630-881-8655 (Diamond Residential Mortgage Corporation )

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1,452,819
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

I well remember the interest rates in the 19% - 21% days and people still bought homes, they still got mortgages and life continued.

Aug 22, 2015 06:25 AM
Rainmaker
634,482
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Our rates have been mostly flat.

Aug 22, 2015 05:43 AM
Rainmaker
4,572,183
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

It's all about perspective, isn't it?   I remember thinking 8 and even 10% were pretty good interest rates.

Aug 22, 2015 02:46 AM
Rainmaker
784,786
The Woodland Team of Texas
The Woodland Companies - Austin, TX
Land Specialists

Still pretty low.

Nov 23, 2018 04:46 AM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

........ or only $264 a year and $7,920 over the next 30 years as another perspective. Blame it on China. everyone else is. 

Aug 22, 2015 10:30 PM
Rainmaker
7,836,139
Roy Kelley
Retired - Gaithersburg, MD

When mortgage interest rates were in the 16% level, some of us thought that we would be back to normal if the rates went back down to the 12% level.

Most of the agents in the real estate business have not really experienced high mortgage interest rates. 

Aug 22, 2015 05:53 AM
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3,164,294
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

They haven't gone up in my market and with what is going on in China and the feds likely now not to raise the rates in September I don't see them moving in the next year.

Aug 22, 2015 03:30 AM
Rainmaker
212,755
Stefan Winter
Real Estate in IL & NV | Owner of Real Estate Web Tech | Daily Vlogger - Las Vegas, NV
Owner - Winter Group & Real Estate Web Tech

Something we always have to explain, a lot of people can't imagine math with big numbers. They automatically think it has to be a huge difference. We always need to educate!

Aug 22, 2015 01:58 AM
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6,393,494
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Small increases like we have had in the last few years do not make any difference.

May 26, 2018 09:26 PM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I haven't seen them going up much in my area.  The 30 year fixed has been hovering at under 4% for the last month or so.

Aug 22, 2015 03:55 AM