Yes that is the force these days as we plunge into the beginning of the Spring season. Bank of America is bailing out Countrywide and JP Morgan Chase is riding to the rescue of many a loan faced with refinancing.
Indeed, the Fed will reduce rates - the bond market will rally and our mortgage/loan rates will dip lower. Please if you are looking for financing, do everything you can to get your credit rating as superb as you can. That is the key - always - but especially these days. There is product available.
