Fed rate drop, refinance rush, and a land price reset: what does it mean for the housing market now. Henry Washington, Kathy, and James explain why refinance applications jumped roughly 30 percent after 30-year mortgage rates slipped near 6.39 percent, how today’s ARMs actually work, and why locking a refi now can beat waiting for future interest rates to fall. They outline a practical housing market prediction and forecast, expecting more transactions rather than a surge in home prices or housing prices, plus timing tips for listing into the spring when buyer activity historically rises. You will also get a reality check on the “great wealth transfer” and reverse mortgages, along with a land strategy playbook for a potential price decline, from targeting big-lot houses and infill splits to using seller financing to create equity and cash flow.
Links from the Show
Join the Future of Real Estate Investing with Fundrise
Join BiggerPockets for FREE
Find an Investor-Friendly Agent in Your Area
Find Investor-Friendly Lenders
Property Manager Finder
Henry's BiggerPockets Profile
James' BiggerPockets Profile
Kathy's BiggerPockets Profile
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-358
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