My thought is that  this will give us an advantage with REOs and making deals happen quickly.

This is a hard line to distinguish and a line that a lot of investors accidentally, or even knowingly, take advantage of. 

Unsurprisingly there has been a rush to take advantage of this unprecedented situation with the prospect of lower rates.

A couple where the female works in a bar. 

If you haven't already looking into it, see if you can get a loan to top up your RRSP, as you could get 40% of your d/p from a bank this way and take advantage of the HBP.  

Contribute, take advantage of the tax savings and potential employer match, and build yourself some tax-sheltered savings.If you have existing retirement funds outside of your existing employer 401(k), those could be rolled over into a self-directed IRA.  

The fact that someone almost completely took advantage of him was very upsetting to me.

In the wake of the current worldwide situation who is taking advantage of the new lowest rates?

Think of taking advantage of a killer black Friday sale and buying everything that is 80% off, but you a) can't afford it and b) don't need it.

My family owns a metal building manufacturing company and we have our own in-house engineering team, so with that advantage I chose metal buildings as my real estate investment vehicle.