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Updated almost 5 years ago,

User Stats

45
Posts
17
Votes
Jeff Cantrell
Pro Member
  • Rental Property Investor
  • Jackson, TN
17
Votes |
45
Posts

Time to refinance? Fed rate at ZERO

Jeff Cantrell
Pro Member
  • Rental Property Investor
  • Jackson, TN
Posted

Is now the time to run to the bank and refinance?

What effect will the 0% Fed Rate have on loans both residential and commercial?

I have one commercial loan at 3.75% and the fixed term is up. What can I expect from the bank at this point? The loan is held in house at the bank.

I also own my personal residence free and clear. What can I expect on a cash out loan with the 0% Fed Rate.

Seems like this may be a good time to get all the cash out of everything at a long term low rate and then wait for the deals to come.

  • Jeff Cantrell
  • Loading replies...