Happy Belated Birthday 🎂
Question, what is the affect right now with the bonds and what appears to have already started, another QE, how does this affect people either looking for a home to purchase and those looking to refinance/ modify their loans?
With interest rates dropping and what seems to be another cut coming, is it best to jump in now or wait? Once we enter an economy slow down seems like it would be harder to get a loan right?
I’m just trying to get an idea of whether it’s best to modify my mortgage now with low interest rates or wait for another cut, but concerned not being able to get a modification once a recession is declared....