Not that I think we are necessarily headed for a recession, but sometimes perception is reality, especially with the way the media can portray things.

That perception however, is mistaken.

Their perception of low- and high-risk markets is oftentimes exactly the opposite of what a careful examination of the facts would indicate.

The more sophisticated investors are looking for safer more predictable yield and returns vs Stocks, Bonds and Commodities.

As we stand today, lenders are increasing rates and fees significantly to slow their refi business which is being driven by the perception that rates are low, even though we are far off the lows. 

The perception of rates dropping have driven refinances up hugely, which has created both problems keeping up with all the refinances and demand side on them.

There is already a negative perception in the public.

With this Coronavirus shut down the plumber has a long standing relationship with the Head City Inspector, so he was able to confirm the repair while the entire city is shut down.And also to be clear, any consideration to evict is not directly related to the plumbing problem - their rent and utility payments have been late for 4 months in a row...but certainly understand how perception could tie those two things together.

Not sure yet, but I'm hopefully that demand will change as the perception of this situation changes from doomsday prepping to the new normal.A final option is to sell one of your assets. 

@James Mc ReeThe perception that rates are low from the Feds announcement is driving demand for refis even though mortgage rates are rising.