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Attended the annual Economic Forum with Chris Inlow, renowned economist from First Tennessee last night. Thank you to Integrity Bank and Trust for hosting the event. I can't wait for next years event.

Interesting forecast on interest rates moving forward. Chris was forecasting that federal funds and government bonds will decrease in yield (interest rate). That's great news for home owners in the refinance or purchase market. But....

There was a downside to this awesome forecast. He is also forecasting another 20% decrease in home values nationally over the next year or so. That means you could be waiting for the incredibly low rate while your home value drops and causes you to be ineligible to refinance.

Anyone reading this blog that's thinking about refinancing I would encourage you to contact your loan consultant and ask for a proposal. Knowing your options will give you the peace of mind to know when to act or when to wait.