The historical rate means almost nothing, it's where we are going.In today's America the fed, the president, and anyone sitting at top does not want to hear the word "recession".

The guy mostly just worked on his golf game and watched TV while he was president.  

I called and asked if it was possible for me to speak to the board and she said no but the president of the bank was willing to meet with me.

I was at a bank function 2 nights ago and told the bank president that we have de risked the project 100% so he should not worry about the 5 mil dollars he has out on it LOL

I am the president of a HOA in a 6-unit condo building looking for a solution.

I have a MFR developer client that must be a multiple 100s of millions in net worth(a few thousand MFR units in Socal alone), he signs personally as the president/owner for his entity(ies).

@Scott Trench president of BP could not have been much clearer “The practice, when used this way is meant to mislead, and those who ask for, give out, or receive, proof of funds letters in this way are not welcome here on BiggerPockets.”more important you are promoting a fraudulent POF that has high chance to adversely affect the seller if the wholesale does not find a buyer.  

The president of Mexico has not done much as a so called socialist- he may be a democratic socialist but isn’t anti- making money- just making sure the people are treated right and companies don’t exploit communities- I’m okay with that.

Deed fraud and mortgage fraud - be carefulWe just got some mortgages that were non performing that were part of this mess - was not something I wanted to get involved inhttps://www.justice.gov/usao-wdok/pr/former-president-first-mortgage-company-sentenced-serve-104-months-federal-prison-and

I just left the role of President of a mortgage division of a bank that I build from the ground up.