SM,
I just wonder if mortgage rates get that low, will I still have something worth refinancing <ggg>.
I'm considering selling some high-priced real estate, and using the proceeds to pay off ALL other r.e. debt (the only debt I carry), and owning everything free-and-clear. I expect I have about another year to eighteen months max to make up my mind.
Having no debt and lots of cash makes deflation a wonderful buying op rather than a financial disaster. I remember so many wonderful r.e. deals around as prices deflated in the years following our So. California real estate market crash in 1989. This time, I want to be ready to take full advantage if it comes.
Of course, we could just get hyper-inflation instead, in which case nevermind . . .
Newly