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What happens after the rates come down
Manage episode 435610057 series 2979320
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We know when the interest rates drop the following will happen
1. refinancing to a lower rate
2. consolidating debt into one lower payment
3. First-time home buyers will be coming out to buy
4. There will be downsizing of homes with the lower rates
5. There will be upsizing on homes with the lower rates
18 to 29-year-olds still living at home will be buying. With all that great news that also means there will be a lot more printing of money which will cause everything to go up in price, Things will be more expensive with Trillions more being printed
Time will tell and but a flurry of activity will take place when the interest rates do really drop down to the levels of 2020
tune in and learn at https://www.ddamortgage.com/blog
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