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
4,479,230

Michael Jacobs

Pasadena, CA

Los Angeles Pasadena 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
3,274,875

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

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3

Debbie Laity

Cedaredge, CO
Ryan Huggins - Thousan...

Thousand Oaks, CA
Michael Jacobs

Pasadena, CA

Rainmaker
1,707,310

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
5,008,991

Wayne Martin

Wayne M Martin - Chicago, IL

Real Estate Broker - Retired

Not likely to happen.

Feb 19, 2016 09:42 PM

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
498,400

Brenda J. Andrew

ULTIMA REAL ESTATE - Willis, TX

Professional Realtor in Conroe/Willis, TX

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
2,120,069

Michael J. Perry

KW Elite - 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
4,821,244

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
4,433,927

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

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
548,641

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
846,475

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
1,602,145

Inna Ivchenko

Barcode Properties - Encino, CA

Realtor® • GRI • HAFA • PSC Calabasas CA

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
2,538,627

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
2,759,687

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

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1

Nina Hollander, Broker

Charlotte, NC

Ambassador
4,319,063

Praful Thakkar

LAER Realty Partners - Andover, MA

Andover, MA: Andover Luxury 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
231,174

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

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
7,568,276

Roy Kelley

Retired - Gaithersburg, MD

Doubtful.

Feb 21, 2016 03:30 AM

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Ambassador
6,178,038

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

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Rainmaker
1,683,556

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

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Rainmaker
2,224,423

Debbie Laity

Cedaredge Land Company - Cedaredge, CO

Your Real Estate Resource for Delta County, CO

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
1,478,972

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

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Rainmaker
3,986,161

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

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Rainmaker
885,237

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

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Ambassador
3,987,876

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
4,738,341

Will Hamm

Hamm Homes - Aurora, CO

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

never will

Feb 20, 2016 02:29 AM

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Rainmaker
5,582,680

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

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Rainmaker
617,935

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

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Rainmaker
1,157,735

FN LN

Toronto, ON

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

Feb 20, 2016 12:13 AM

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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
3,071,289

Tony and Suzanne Marriott, Associate Brokers

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

Haven Express @ Keller Williams Arizona Realty

What is the connection?

Feb 19, 2016 10:42 PM

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Rainmaker
4,962,027

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Realtor

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.