If Helicopter Ben does what he promised, then we might see interest rates drop to under 5 percent. Remember, they did touch upon 4.875 a couple of years ago. What if the economy really does slip into recession, like Roubini predicts, and it gets uglier than anyone expects, and interest rates get closer to 4 percent? As crazy as this may sound, I think you would have a small window of opportunity before houses doubled in price again to make your move. Perhaps I’m talking out of my butt, but did anyone think we would see the craziness of the past five years in year 2000? I certainly didn’t, as I regretably sold four of my investment properties in 2000-2002, barely recouping my losses of the nineties. In hindsight, we all know the market was just taking off, and I made a serious timing blunder. All because of perception. I was duped into thinking it couldn’t go much higher. We may all be fooled again this time around if rates dip under 5 percent…and stay there!
