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Updated almost 5 years ago on . Most recent reply
![Eric Armstrong's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/150999/1621419646-avatar-funkphi.jpg?twic=v1/output=image/cover=128x128&v=2)
Will interest rates continue to drop or are we at the bottom?
Since I've been investing, interest rates are at the lowest I've seen for investment properties, . I'm ready to refi and pull some cash. You think now is the right time or should I wait longer to see if they continue to go down. What's the bottom going to be?
Most Popular Reply
![Joseph Cacciapaglia's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1689722/1621514802-avatar-josephc460.jpg?twic=v1/output=image/crop=956x956@0x1/cover=128x128&v=2)
You can never be sure about which way interest rates are going to move. It would seem we have a little more room to fall, but there is certainly no guarantee. If it were me, and I could get some significant cash out or reduced rate, I would do it now. A bird in the hand... If you have multiple properties, you could always split the difference and just do some.
- Joseph Cacciapaglia
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