As rates continue to drop this presents an opportunity for many of you. Rates on lines of credit and business loans are now cheaper so you have access to much cheaper debt which can help you scale your business growth much quicker. Keep in mind any loans you take out are 100% tax free and the interest paid on those loans is a tax deduction to your business.

Hot topic: mortgage rates! Mortgage rates have not changed much since the Fed cut rates and that's mainly because mortgage rates follow the 10 year treasury. Historically speaking though, when interest rates drop, mortgage rates tend to follow. So if and when mortgage rates do drop, it's likely that new mortgage applications will increase. And as mortgage applications increase and there's more demand, it's also likely that home values will increase.

If home values do increase, many of you who own homes and rentals will be sitting on increased equity. Here's the opportunity:  you can now tap into that equity through a cash out refi or HELOC and use those funds to continue building your wealth. You can go buy more rentals or put your money into the stock market. Or do both!

And the real kicker is that the money you access from that equity is 100% tax free.

Hope this helps. Let me know if you have questions.