the cost of refinancing will eat up the savings in interest rate.Here's a good article on the decrease in the Fed rate. 

Regarding the decrease in rates by the fed, the 50 bps doesn't necessarily translate into a reduction in mortgage interest rates by half a point. 

We can sell the lot, develop it, or sit on it and look at the pretty grass.

The Fed is stepping in to provide credit for corporations but nothing yet for individuals 

With the recent cuts in interest rates by the Fed, mortgage rates are hitting all time lows, and the demand for refinancing options have also increased. 

Hi Despite the 50 basis point drop from the fed earlier this week, I noticed a few lenders mentioned the rental property rates went up because of the uncertainty with the corona virus and the stock market. 

The highest I know of on a rental is Pen Fed Credit Union up to 80% max. 

Is it okay to ask my tenants to cut the grass if i provide the lawn mower?

The grass in the front yard is dead/ dying, and until recently she didn’t know how to turn the sprinklers on.

With the FED lowering the interest rate it won’t be as nice as it use to be, but better than a savings account at a bank.