# If interest rates are lowered - more work?

**URL:** <https://forum.notarycafe.com/t/if-interest-rates-are-lowered-more-work/47496>\
**Category:** Uncategorized\
**Created:** [August 22, 2024, 5:31pm UTC](https://forum.notarycafe.com/t/if-interest-rates-are-lowered-more-work/47496 "2024-08-22T17:31:40Z")\
**Posts on this page:** 11\
**Page:** 1

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**Author:** ![marysdesertnotary](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/marysdesertnotary/32/24386_2.png) [@marysdesertnotary](https://forum.notarycafe.com/u/marysdesertnotary)\
**Post date:** [August 22, 2024, 5:31pm UTC](https://forum.notarycafe.com/t/if-interest-rates-are-lowered-more-work/47496/1 "2024-08-22T17:31:40Z")

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There has been a lot of talk regarding a possible interest rate reduction by the Fed in September. Will this generate more work for us? Or just a trickle…

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**Author:** ![renee2](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/renee2/32/31496_2.png) [@renee2](https://forum.notarycafe.com/u/renee2)\
**Post date:** [August 22, 2024, 6:26pm UTC](https://forum.notarycafe.com/t/if-interest-rates-are-lowered-more-work/47496/2 "2024-08-22T18:26:06Z")

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I’ve already had 3 refi’s in the last week, from the little dip that happened a bit ago. I think it’s going to depend on how much it goes down but I think there is a chance. Think there is also a really good chance that SS’s are going to try to capture as much of that profit as possible, since they are out here offering $20-40 a signing, for 50 miles one way.

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**Author:** ![Arichter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/arichter/32/35077_2.png) [@Arichter](https://forum.notarycafe.com/u/Arichter)\
**Post date:** [August 22, 2024, 7:11pm UTC](https://forum.notarycafe.com/t/if-interest-rates-are-lowered-more-work/47496/3 "2024-08-22T19:11:44Z")

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Agree. They’ve already trained the newbs to work for chump change.

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**Author:** ![steves11](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/steves11/32/34877_2.png) [@steves11](https://forum.notarycafe.com/u/steves11)\
**Post date:** [August 23, 2024, 3:05pm UTC](https://forum.notarycafe.com/t/if-interest-rates-are-lowered-more-work/47496/4 "2024-08-23T15:05:28Z")

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A rate reduction of 1/4 or 1/2 point isn’t going to make much of an impact, in my opinion. I think it will take at least a few of those before we see much increased activity.

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**Author:** ![Arichter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/arichter/32/35077_2.png) [@Arichter](https://forum.notarycafe.com/u/Arichter)\
**Post date:** [August 23, 2024, 3:22pm UTC](https://forum.notarycafe.com/t/if-interest-rates-are-lowered-more-work/47496/5 "2024-08-23T15:22:25Z")

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Agree. It’s going to take a while for the market to turn around. And, by the time it does, RON will be more positioned for the business (if it also survives).

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**Author:** ![leonwooden](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/leonwooden/32/34436_2.png) [@leonwooden](https://forum.notarycafe.com/u/leonwooden)\
**Post date:** [August 23, 2024, 3:35pm UTC](https://forum.notarycafe.com/t/if-interest-rates-are-lowered-more-work/47496/6 "2024-08-23T15:35:26Z")

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These low fees are crazy, I don’t even reply, I listen to you guys, these companies do t even consider tolls, cost of paper, and definitely not mileage. You guys give good advice.

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**Author:** ![PrimaShaka1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/primashaka1/32/33836_2.png) [@PrimaShaka1](https://forum.notarycafe.com/u/PrimaShaka1)\
**Post date:** [August 23, 2024, 6:32pm UTC](https://forum.notarycafe.com/t/if-interest-rates-are-lowered-more-work/47496/7 "2024-08-23T18:32:18Z")

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I have been doing REFIs assignments past few weeks but all started at $85. Its ok for now. Hope more work escalates next month etc…Moving on…

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**Author:** ![Arichter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/arichter/32/35077_2.png) [@Arichter](https://forum.notarycafe.com/u/Arichter)\
**Post date:** [August 23, 2024, 8:58pm UTC](https://forum.notarycafe.com/t/if-interest-rates-are-lowered-more-work/47496/8 "2024-08-23T20:58:12Z")

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$85 is not OK for a refi. Ever. Hope you raised the bar.

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**Author:** ![Notary4docs](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/notary4docs/32/31612_2.png) [@Notary4docs](https://forum.notarycafe.com/u/Notary4docs)\
**Post date:** [August 28, 2024, 9:48pm UTC](https://forum.notarycafe.com/t/if-interest-rates-are-lowered-more-work/47496/9 "2024-08-28T21:48:12Z")

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CA…my thinking is that there was still alot of real estate sold in the last couple years and those buyers paid the high 7 plus percent rates so if we got down to 4-5% I would think there would be an increase in signings but who knows with all the crazy stuff going on 🙂

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**Author:** ![PrimaShaka1](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/primashaka1/32/33836_2.png) [@PrimaShaka1](https://forum.notarycafe.com/u/PrimaShaka1)\
**Post date:** [September 16, 2024, 9:18pm UTC](https://forum.notarycafe.com/t/if-interest-rates-are-lowered-more-work/47496/10 "2024-09-16T21:18:25Z")

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Aloha, I’ve had a few REFIs. (4) for $85. each from a referral company. past weeks. Just hoping for more from a direct title. Im “hitting-the-pavement” every week. and…just recently started full-time again. Hope loan packages come in more…interest rates kinda’ low right now. —Cheers! fellow-notaries

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**Author:** ![NC\_Mike](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.notarycafe.com/nc_mike/32/54_2.png) [@NC\_Mike](https://forum.notarycafe.com/u/NC_Mike)\
**Post date:** [December 15, 2024, 9:18pm UTC](https://forum.notarycafe.com/t/if-interest-rates-are-lowered-more-work/47496/11 "2024-12-15T21:18:58Z")

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Closed on December 15, 2024, 9:18pm UTC

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