If interest rates drops, what will you do?

[Karen Margrave]

We were just talking about this today, and had various viewpoints, therefore; I thought I would come to investors and ask: If interest rates drop again down to the 2-3% range will you:

1. Max out equity and take money to reinvest in more real estate

2. Refinance for lower rate, but not borrow more

3. Buy more real estate

4. In high dollar where appreciation is the play, will you buy as much as you can get your hands on? 

5. Other? 

[Michael Bettencourt]

@Karen Margrave I’ve got a bunch of equity at 3.70 interest that as of late I could wrap my head around pulling it at 5+ %. Even a small drop I’m pulling it for a down payment on 4 family or greater.