BTFD before it’s too late. Low rates will unlock the trade up buyers.
I think the Fed may still have a full 100 bps to cut in this cycle. 30 year fixed could get down to low 3.
Our rates are still much higher than other countries. I think we could go even lower. If you look at rates since the 70’s, it’s definitely a down trend channel. Each high is lower than the prior cycle and the lows are even lower. It wouldn’t surprise me to see 1-2% especially if inflation stays so low.
Buy Buy Buy!!!
Buying as many as I can (typically one per year, 5-8 units)
Lovin’ this cheap debt