Cash-out Refinance during COVID 19 virus

The Mortgage Brothers, Tom and Eddie Knoell, discuss cashout refinances during the COVID 19 pandemic

We are getting a lot of questions like these:
-“How stable is the economy right now, are we going into a recession?”
-“Will housing values drop like a ton of bricks, and if so should I be taking advantage of
the equity in my home now before it does?”
-“Having cash on hand right now can add a sense of security - but is it worth leveraging
my home to do it?”

All great questions and concerns so we figured we would dive into this topic and break down 3 considerations to look at:

● Current Home Price Trends - what are home values doing right now and how
does it compare historically.
● Current Rate Trends - what are rates doing and how does it compare historically.
● What if scenarios - what if the market goes down what if rates go up and vice
versa.

Видео Cash-out Refinance during COVID 19 virus канала The Mortgage Brothers Team