Dont know if it really is coming in September, but Markets are sure reflecting it this morning.

While Yellen seems like my dead Aunt Syd, I would think she doesnt like it when others project or almost tell her what to do, thus this "built in" expectation will be very interesting if she feels it has been leaked or that she is being bullied in anyway.

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"That's what the internet is for. Slandering others anonymously." Banky
“Been that way since one monkey looked at the sun and told the other monkey ‘He said for you to give me your fuckin’ share.’”

[quote="bigfan"]

While Yellen seems like my dead Aunt Syd,/quote]
Voice twin with Dr Melfi from Sopranos (Karen from Goodfellas)

RPB, your opinion on such increase?

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"That's what the internet is for. Slandering others anonymously." Banky
“Been that way since one monkey looked at the sun and told the other monkey ‘He said for you to give me your fuckin’ share.’”

An interest rate increase is overdue and needs to happen.

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CSFMB 2014 Nascar Pick 'em Champion

We don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-dollar debt because we spend too much. — Ronald Reagan

My guy believes it will be pushed back to December at least. Not enough information. But the market is ready now so it wont do much to the markets immediately, either way.


We've kicked the can so long, might as well keep kicking it until its absolutely certain we're ready.

Needed but carefully implemented as US/global economy still shaky.

At this point I don't think it's about what economic impact, if any, a tiny increase will have (I've even seen 1/8 of a point bandied about), but rather that the Fed needs to gain some credibility. I will disagree with RPB in that I think the markets will go nuts when and if it finally happens.

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Pretty happy I got my 15yr rate locked in a few months ago.

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Flew too close to the sun on wings of pastrami

I think that when a ridiculous company like SoulCycle files for an IPO, it's a sign the bull market may be nearing the end.

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Yea. We did it a few years ago. 15yr 2.5%. Those numbers won't be seen again for a loooong time.

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CSFMB 2014 Nascar Pick 'em Champion

We don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-dollar debt because we spend too much. — Ronald Reagan

Im honestly passing along my interest rates guys thoughts. I think maybe he meant the market has preadjusted to it from a long term perspective.

To keep the rich richer, huh?

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I'm at 4 7/8 now on an FHA. I'm stuck with too much debt to re-finance until end of February. Hoping the increase is limited until then...but do agree it's needed.

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Go on...

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CSFMB 2014 Nascar Pick 'em Champion

We don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-dollar debt because we spend too much. — Ronald Reagan

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Good idea to throw a wet blanket on the one economy in the world that isn't horrible.

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You should be able to do an FHA streamline right now...debt doesn't matter with a streamline as long as you've been current the last 12 months.

We did that last year. We may have the house paid off, before I turn 50.

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Good people drink good beer - Hunter S. Thompson

<º)))><

Waiting for the time when I can finally say
That this has all been wonderful, but now I'm on my way

If you put 30% down and do a 15yr theres little need to worry about the interest rate. It will be many years before it goes above 5%

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the world will always the world. your entire existence is defined by your response.

Wow, I thought I did well at 2.875 on a 15 (about three years ago). Haven't seen anything close to 2.5.

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But you don't own a home, right?

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CSFMB 2014 Nascar Pick 'em Champion

We don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-dollar debt because we spend too much. — Ronald Reagan

Maybe now they can trade Castro.

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Good people drink good beer - Hunter S. Thompson

<º)))><

Waiting for the time when I can finally say
That this has all been wonderful, but now I'm on my way

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Holy Shit! Stop the presses! I got a laugh from my guy Chus!

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CSFMB 2014 Nascar Pick 'em Champion

We don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-dollar debt because we spend too much. — Ronald Reagan

Whats next...parenting tips & career advise from Ike?!

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CSFMB 2014 Nascar Pick 'em Champion

We don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-dollar debt because we spend too much. — Ronald Reagan

Political predictions at the very least.

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Proud member of the white guy grievance committee

It aint the six minutes. Its what happens in those six minutes.

The housing market is just starting to comeback..should wait a year.

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I don't think the Prime is going up this year.

Earlier in the year I thought Q3/Q4 but I've backed off on that.

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You know me like that.

What do you think should happen? An increase is necessary, no?

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CSFMB 2014 Nascar Pick 'em Champion

We don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-dollar debt because we spend too much. — Ronald Reagan