realestatemarketingthisweek.com - The old rules no longer apply and Suze Ormond should know. - Part 7 - We have Dan Havey, author of Future of properties in the studio today. Michael, I was just curious as I entered the field, many, many years ago that used a rule of thumb was that if you wanted to refinance the interest rate by at least two percent lower, and I know what went changed over time and products, which in reality has become unnecessary, but I'm just curiousin the mortgage market today, its very different from what we are dealing with only two years ago. It 's still true that a rule of 2%? What happens now? I was beginning to happen Suze Orman on TV and was on mortgages, callers who believe in the program, the question that I like, what are we talking Called Dan asked, was his comment that basically if you have 6% interest or above now is the time to re-fi. This is what he said, a blanket recommendation. I know a lotPeople have a lot of confidence in what he says, maybe you could talk about this, and interest rates lower than you saw in your career, you've done this for a while '. I have, and they are. You know, there was a lot of recent weeks to talk about the U.S. central bank, the Fed Funds rate by the way is the lowest ever in history. Since the discount rate on loan this week to the point that the money the banks between them is nothing, the Fed funds rate on banks 'internal credit' from scratch...
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