INTEREST INTEREST RATE INTEREST RATE CUTS INTEREST RATE CUTS ACTUALLY INTEREST RATE CUTS ACTUALLY MEAN INTEREST RATE CUTS ACTUALLY MEAN FOR INTEREST RATE CUTS ACTUALLY MEAN FOR YOU. MEAN FOR YOU. MEAN FOR YOU. >> MEAN FOR YOU. >> Reporter: MEAN FOR YOU. >> Reporter: WHEN MEAN FOR YOU. >> Reporter: WHEN THE MEAN FOR YOU. >> Reporter: WHEN THE FED >> Reporter: WHEN THE FED >> Reporter: WHEN THE FED DROPPED >> Reporter: WHEN THE FED DROPPED INTEREST >> Reporter: WHEN THE FED DROPPED INTEREST RATES >> Reporter: WHEN THE FED DROPPED INTEREST RATES DOWN >> Reporter: WHEN THE FED DROPPED INTEREST RATES DOWN TO DROPPED INTEREST RATES DOWN TO DROPPED INTEREST RATES DOWN TO 0%, DROPPED INTEREST RATES DOWN TO 0%, MANY DROPPED INTEREST RATES DOWN TO 0%, MANY STARTED DROPPED INTEREST RATES DOWN TO 0%, MANY STARTED ASKING DROPPED INTEREST RATES DOWN TO 0%, MANY STARTED ASKING WHAT 0%, MANY STARTED ASKING WHAT 0%, MANY STARTED ASKING WHAT THAT 0%, MANY STARTED ASKING WHAT THAT MEANS 0%, MANY STARTED ASKING WHAT THAT MEANS FOR 0%, MANY STARTED ASKING WHAT THAT MEANS FOR CREDIT 0%, MANY STARTED ASKING WHAT THAT MEANS FOR CREDIT CARDS, THAT MEANS FOR CREDIT CARDS, THAT MEANS FOR CREDIT CARDS, BANK THAT MEANS FOR CREDIT CARDS, BANK ACCOUNTS, THAT MEANS FOR CREDIT CARDS, BANK ACCOUNTS, AND THAT MEANS FOR CREDIT CARDS, BANK ACCOUNTS, AND MORTGAGES.

BANK ACCOUNTS, AND MORTGAGES. BANK ACCOUNTS, AND MORTGAGES. >> BANK ACCOUNTS, AND MORTGAGES. >> CREATE BANK ACCOUNTS, AND MORTGAGES. >> CREATE SOME BANK ACCOUNTS, AND MORTGAGES. >> CREATE SOME CONFUSION. >> CREATE SOME CONFUSION. >> CREATE SOME CONFUSION. WHEN >> CREATE SOME CONFUSION. WHEN THEY >> CREATE SOME CONFUSION. WHEN THEY CUT >> CREATE SOME CONFUSION. WHEN THEY CUT THE >> CREATE SOME CONFUSION. WHEN THEY CUT THE FEDERAL WHEN THEY CUT THE FEDERAL WHEN THEY CUT THE FEDERAL FUNDING WHEN THEY CUT THE FEDERAL FUNDING RATE, WHEN THEY CUT THE FEDERAL FUNDING RATE, IT WHEN THEY CUT THE FEDERAL FUNDING RATE, IT IS WHEN THEY CUT THE FEDERAL FUNDING RATE, IT IS CUTTING FUNDING RATE, IT IS CUTTING FUNDING RATE, IT IS CUTTING CONSUMER FUNDING RATE, IT IS CUTTING CONSUMER RATE FUNDING RATE, IT IS CUTTING CONSUMER RATE SO FUNDING RATE, IT IS CUTTING CONSUMER RATE SO MORE FUNDING RATE, IT IS CUTTING CONSUMER RATE SO MORE DRIVEN CONSUMER RATE SO MORE DRIVEN CONSUMER RATE SO MORE DRIVEN TOWARD CONSUMER RATE SO MORE DRIVEN TOWARD CREDIT CONSUMER RATE SO MORE DRIVEN TOWARD CREDIT CARDS, CONSUMER RATE SO MORE DRIVEN TOWARD CREDIT CARDS, AUTO TOWARD CREDIT CARDS, AUTO TOWARD CREDIT CARDS, AUTO LOANS, TOWARD CREDIT CARDS, AUTO LOANS, LOWERING TOWARD CREDIT CARDS, AUTO LOANS, LOWERING LINES TOWARD CREDIT CARDS, AUTO LOANS, LOWERING LINES OF LOANS, LOWERING LINES OF LOANS, LOWERING LINES OF CREDIT.

CREDIT. CREDIT. IT CREDIT. IT DOES CREDIT. IT DOES NOT CREDIT. IT DOES NOT IMPACT CREDIT. IT DOES NOT IMPACT THE CREDIT. IT DOES NOT IMPACT THE 30 CREDIT. IT DOES NOT IMPACT THE 30 YEAR IT DOES NOT IMPACT THE 30 YEAR IT DOES NOT IMPACT THE 30 YEAR FIXED IT DOES NOT IMPACT THE 30 YEAR FIXED RATE. FIXED RATE. FIXED RATE. THERE FIXED RATE. THERE IS FIXED RATE. THERE IS MORE FIXED RATE. THERE IS MORE LONG-TERM THERE IS MORE LONG-TERM THERE IS MORE LONG-TERM CORRELATION THERE IS MORE LONG-TERM CORRELATION AS THERE IS MORE LONG-TERM CORRELATION AS OPPOSED THERE IS MORE LONG-TERM CORRELATION AS OPPOSED TO THERE IS MORE LONG-TERM CORRELATION AS OPPOSED TO SHORT- CORRELATION AS OPPOSED TO SHORT- CORRELATION AS OPPOSED TO SHORT- TERM. TERM. TERM. >> TERM. >> CASEY TERM. >> CASEY OWNS TERM. >> CASEY OWNS FIRST-CLASS >> CASEY OWNS FIRST-CLASS >> CASEY OWNS FIRST-CLASS MORTGAGE, >> CASEY OWNS FIRST-CLASS MORTGAGE, IN >> CASEY OWNS FIRST-CLASS MORTGAGE, IN 15 >> CASEY OWNS FIRST-CLASS MORTGAGE, IN 15 YEARS >> CASEY OWNS FIRST-CLASS MORTGAGE, IN 15 YEARS HE >> CASEY OWNS FIRST-CLASS MORTGAGE, IN 15 YEARS HE HAS MORTGAGE, IN 15 YEARS HE HAS MORTGAGE, IN 15 YEARS HE HAS NEVER MORTGAGE, IN 15 YEARS HE HAS NEVER SEEN MORTGAGE, IN 15 YEARS HE HAS NEVER SEEN ANYTHING MORTGAGE, IN 15 YEARS HE HAS NEVER SEEN ANYTHING LIKE MORTGAGE, IN 15 YEARS HE HAS NEVER SEEN ANYTHING LIKE THIS.

NEVER SEEN ANYTHING LIKE THIS. NEVER SEEN ANYTHING LIKE THIS. >> NEVER SEEN ANYTHING LIKE THIS. >> THIS NEVER SEEN ANYTHING LIKE THIS. >> THIS JUST NEVER SEEN ANYTHING LIKE THIS. >> THIS JUST GOT NEVER SEEN ANYTHING LIKE THIS. >> THIS JUST GOT MORE NEVER SEEN ANYTHING LIKE THIS. >> THIS JUST GOT MORE INTENSE, >> THIS JUST GOT MORE INTENSE, >> THIS JUST GOT MORE INTENSE, AND >> THIS JUST GOT MORE INTENSE, AND MORE >> THIS JUST GOT MORE INTENSE, AND MORE INTENSE >> THIS JUST GOT MORE INTENSE, AND MORE INTENSE AS >> THIS JUST GOT MORE INTENSE, AND MORE INTENSE AS RATES AND MORE INTENSE AS RATES AND MORE INTENSE AS RATES DROPPED AND MORE INTENSE AS RATES DROPPED FURTHER AND MORE INTENSE AS RATES DROPPED FURTHER AND AND MORE INTENSE AS RATES DROPPED FURTHER AND FURTHER DROPPED FURTHER AND FURTHER DROPPED FURTHER AND FURTHER >> DROPPED FURTHER AND FURTHER >> WHO DROPPED FURTHER AND FURTHER >> WHO DOES DROPPED FURTHER AND FURTHER >> WHO DOES THIS DROPPED FURTHER AND FURTHER >> WHO DOES THIS BENEFIT? >> WHO DOES THIS BENEFIT? >> WHO DOES THIS BENEFIT? >> >> WHO DOES THIS BENEFIT? >> IT >> WHO DOES THIS BENEFIT? >> IT SEEMS >> WHO DOES THIS BENEFIT? >> IT SEEMS TO >> WHO DOES THIS BENEFIT? >> IT SEEMS TO BE >> WHO DOES THIS BENEFIT? >> IT SEEMS TO BE AT >> WHO DOES THIS BENEFIT? >> IT SEEMS TO BE AT A >> WHO DOES THIS BENEFIT? >> IT SEEMS TO BE AT A LEVEL >> IT SEEMS TO BE AT A LEVEL >> IT SEEMS TO BE AT A LEVEL WHERE >> IT SEEMS TO BE AT A LEVEL WHERE ALMOST >> IT SEEMS TO BE AT A LEVEL WHERE ALMOST EVERYBODY >> IT SEEMS TO BE AT A LEVEL WHERE ALMOST EVERYBODY IS WHERE ALMOST EVERYBODY IS WHERE ALMOST EVERYBODY IS AFFECTED.

AFFECTED. AFFECTED. THIS AFFECTED. THIS IS AFFECTED. THIS IS A AFFECTED. THIS IS A WAY AFFECTED. THIS IS A WAY FOR AFFECTED. THIS IS A WAY FOR AN AFFECTED. THIS IS A WAY FOR AN INDIVIDUAL THIS IS A WAY FOR AN INDIVIDUAL THIS IS A WAY FOR AN INDIVIDUAL OR THIS IS A WAY FOR AN INDIVIDUAL OR A THIS IS A WAY FOR AN INDIVIDUAL OR A FAMILY THIS IS A WAY FOR AN INDIVIDUAL OR A FAMILY TO THIS IS A WAY FOR AN INDIVIDUAL OR A FAMILY TO REDUCE THIS IS A WAY FOR AN INDIVIDUAL OR A FAMILY TO REDUCE THEIR OR A FAMILY TO REDUCE THEIR OR A FAMILY TO REDUCE THEIR MORTGAGE OR A FAMILY TO REDUCE THEIR MORTGAGE MONTHLY OR A FAMILY TO REDUCE THEIR MORTGAGE MONTHLY PAYMENTS, OR A FAMILY TO REDUCE THEIR MORTGAGE MONTHLY PAYMENTS, IN MORTGAGE MONTHLY PAYMENTS, IN MORTGAGE MONTHLY PAYMENTS, IN MOST MORTGAGE MONTHLY PAYMENTS, IN MOST CASES MORTGAGE MONTHLY PAYMENTS, IN MOST CASES IT MORTGAGE MONTHLY PAYMENTS, IN MOST CASES IT IS MORTGAGE MONTHLY PAYMENTS, IN MOST CASES IT IS THEIR MORTGAGE MONTHLY PAYMENTS, IN MOST CASES IT IS THEIR LARGEST MOST CASES IT IS THEIR LARGEST MOST CASES IT IS THEIR LARGEST MONTHLY MOST CASES IT IS THEIR LARGEST MONTHLY PAYMENT, MOST CASES IT IS THEIR LARGEST MONTHLY PAYMENT, BY MOST CASES IT IS THEIR LARGEST MONTHLY PAYMENT, BY UP MOST CASES IT IS THEIR LARGEST MONTHLY PAYMENT, BY UP TO MOST CASES IT IS THEIR LARGEST MONTHLY PAYMENT, BY UP TO 15% MONTHLY PAYMENT, BY UP TO 15% MONTHLY PAYMENT, BY UP TO 15% ACTIONS.

ACTIONS. ACTIONS. WHEN ACTIONS. WHEN YOU ACTIONS. WHEN YOU CAN ACTIONS. WHEN YOU CAN LOWER ACTIONS. WHEN YOU CAN LOWER YOUR ACTIONS. WHEN YOU CAN LOWER YOUR RATE ACTIONS. WHEN YOU CAN LOWER YOUR RATE BY WHEN YOU CAN LOWER YOUR RATE BY WHEN YOU CAN LOWER YOUR RATE BY 1%, WHEN YOU CAN LOWER YOUR RATE BY 1%, AND WHEN YOU CAN LOWER YOUR RATE BY 1%, AND AT WHEN YOU CAN LOWER YOUR RATE BY 1%, AND AT THE WHEN YOU CAN LOWER YOUR RATE BY 1%, AND AT THE SAME WHEN YOU CAN LOWER YOUR RATE BY 1%, AND AT THE SAME TIME WHEN YOU CAN LOWER YOUR RATE BY 1%, AND AT THE SAME TIME GET 1%, AND AT THE SAME TIME GET 1%, AND AT THE SAME TIME GET RID 1%, AND AT THE SAME TIME GET RID OF 1%, AND AT THE SAME TIME GET RID OF MORTGAGE 1%, AND AT THE SAME TIME GET RID OF MORTGAGE INSURANCE 1%, AND AT THE SAME TIME GET RID OF MORTGAGE INSURANCE AND RID OF MORTGAGE INSURANCE AND RID OF MORTGAGE INSURANCE AND INCREASE RID OF MORTGAGE INSURANCE AND INCREASE IN RID OF MORTGAGE INSURANCE AND INCREASE IN INCREDIBLE INCREASE IN INCREDIBLE INCREASE IN INCREDIBLE OPPORTUNITY INCREASE IN INCREDIBLE OPPORTUNITY TO INCREASE IN INCREDIBLE OPPORTUNITY TO SAVE.

OPPORTUNITY TO SAVE. OPPORTUNITY TO SAVE. AND OPPORTUNITY TO SAVE. AND WE OPPORTUNITY TO SAVE. AND WE ARE OPPORTUNITY TO SAVE. AND WE ARE INVESTING OPPORTUNITY TO SAVE. AND WE ARE INVESTING IN AND WE ARE INVESTING IN AND WE ARE INVESTING IN DIFFERENT AND WE ARE INVESTING IN DIFFERENT POLICIES AND WE ARE INVESTING IN DIFFERENT POLICIES WHEN AND WE ARE INVESTING IN DIFFERENT POLICIES WHEN IT DIFFERENT POLICIES WHEN IT DIFFERENT POLICIES WHEN IT COMES DIFFERENT POLICIES WHEN IT COMES TO DIFFERENT POLICIES WHEN IT COMES TO FLOATING DIFFERENT POLICIES WHEN IT COMES TO FLOATING DOWN DIFFERENT POLICIES WHEN IT COMES TO FLOATING DOWN YOUR COMES TO FLOATING DOWN YOUR COMES TO FLOATING DOWN YOUR RATE.

RATE. RATE. THE RATE. THE STRATEGY RATE. THE STRATEGY IS RATE. THE STRATEGY IS BASICALLY RATE. THE STRATEGY IS BASICALLY GT THE STRATEGY IS BASICALLY GT THE STRATEGY IS BASICALLY GT THAT THE STRATEGY IS BASICALLY GT THAT SET THE STRATEGY IS BASICALLY GT THAT SET UP. THAT SET UP. THAT SET UP. PUT THAT SET UP. PUT THEM THAT SET UP. PUT THEM INTO THAT SET UP. PUT THEM INTO CLOSE THAT SET UP. PUT THEM INTO CLOSE WE THAT SET UP. PUT THEM INTO CLOSE WE ARE THAT SET UP. PUT THEM INTO CLOSE WE ARE NOT PUT THEM INTO CLOSE WE ARE NOT PUT THEM INTO CLOSE WE ARE NOT LOCKING PUT THEM INTO CLOSE WE ARE NOT LOCKING THE PUT THEM INTO CLOSE WE ARE NOT LOCKING THE RATE.

LOCKING THE RATE. LOCKING THE RATE. WE LOCKING THE RATE. WE ARE WE ARE WE ARE SUBMITTING WE ARE SUBMITTING FILES WE ARE SUBMITTING FILES THAT WE ARE SUBMITTING FILES THAT WAY. SUBMITTING FILES THAT WAY. SUBMITTING FILES THAT WAY. WE SUBMITTING FILES THAT WAY. WE WILL SUBMITTING FILES THAT WAY. WE WILL GO SUBMITTING FILES THAT WAY. WE WILL GO IN SUBMITTING FILES THAT WAY. WE WILL GO IN THAT SUBMITTING FILES THAT WAY. WE WILL GO IN THAT MARKET SUBMITTING FILES THAT WAY. WE WILL GO IN THAT MARKET WAS WE WILL GO IN THAT MARKET WAS WE WILL GO IN THAT MARKET WAS HITTING WE WILL GO IN THAT MARKET WAS HITTING THE WE WILL GO IN THAT MARKET WAS HITTING THE LOWEST WE WILL GO IN THAT MARKET WAS HITTING THE LOWEST EPIC WE WILL GO IN THAT MARKET WAS HITTING THE LOWEST EPIC THE HITTING THE LOWEST EPIC THE HITTING THE LOWEST EPIC THE PURCHASE HITTING THE LOWEST EPIC THE PURCHASE MARKET HITTING THE LOWEST EPIC THE PURCHASE MARKET IS HITTING THE LOWEST EPIC THE PURCHASE MARKET IS STRONG.

PURCHASE MARKET IS STRONG. PURCHASE MARKET IS STRONG. I PURCHASE MARKET IS STRONG. I WOULD PURCHASE MARKET IS STRONG. I WOULD TELL PURCHASE MARKET IS STRONG. I WOULD TELL PEOPLE, PURCHASE MARKET IS STRONG. I WOULD TELL PEOPLE, WE PURCHASE MARKET IS STRONG. I WOULD TELL PEOPLE, WE DON'T I WOULD TELL PEOPLE, WE DON'T I WOULD TELL PEOPLE, WE DON'T KNOW I WOULD TELL PEOPLE, WE DON'T KNOW WHAT I WOULD TELL PEOPLE, WE DON'T KNOW WHAT IS I WOULD TELL PEOPLE, WE DON'T KNOW WHAT IS GOING I WOULD TELL PEOPLE, WE DON'T KNOW WHAT IS GOING TO I WOULD TELL PEOPLE, WE DON'T KNOW WHAT IS GOING TO HAPPEN KNOW WHAT IS GOING TO HAPPEN KNOW WHAT IS GOING TO HAPPEN WITH KNOW WHAT IS GOING TO HAPPEN WITH THE KNOW WHAT IS GOING TO HAPPEN WITH THE CORONAVIRUS. WITH THE CORONAVIRUS. WITH THE CORONAVIRUS. BUT WITH THE CORONAVIRUS. BUT I WITH THE CORONAVIRUS. BUT I THINK WITH THE CORONAVIRUS. BUT I THINK THIS WITH THE CORONAVIRUS. BUT I THINK THIS IS WITH THE CORONAVIRUS. BUT I THINK THIS IS GOING WITH THE CORONAVIRUS. BUT I THINK THIS IS GOING TO WITH THE CORONAVIRUS. BUT I THINK THIS IS GOING TO BE BUT I THINK THIS IS GOING TO BE BUT I THINK THIS IS GOING TO BE A BUT I THINK THIS IS GOING TO BE A WINDOW BUT I THINK THIS IS GOING TO BE A WINDOW OF BUT I THINK THIS IS GOING TO BE A WINDOW OF TIME BUT I THINK THIS IS GOING TO BE A WINDOW OF TIME THAT BUT I THINK THIS IS GOING TO BE A WINDOW OF TIME THAT IS BUT I THINK THIS IS GOING TO BE A WINDOW OF TIME THAT IS GOING A WINDOW OF TIME THAT IS GOING A WINDOW OF TIME THAT IS GOING TO A WINDOW OF TIME THAT IS GOING TO IMPACT A WINDOW OF TIME THAT IS GOING TO IMPACT OUR A WINDOW OF TIME THAT IS GOING TO IMPACT OUR LIVES.

TO IMPACT OUR LIVES. TO IMPACT OUR LIVES. TWO TO IMPACT OUR LIVES. TWO MONTHS, TO IMPACT OUR LIVES. TWO MONTHS, SIX TO IMPACT OUR LIVES. TWO MONTHS, SIX MONTHS, TO IMPACT OUR LIVES. TWO MONTHS, SIX MONTHS, OR TWO MONTHS, SIX MONTHS, OR TWO MONTHS, SIX MONTHS, OR POTENTIALLY TWO MONTHS, SIX MONTHS, OR POTENTIALLY LONGER, TWO MONTHS, SIX MONTHS, OR POTENTIALLY LONGER, WE TWO MONTHS, SIX MONTHS, OR POTENTIALLY LONGER, WE DON'T POTENTIALLY LONGER, WE DON'T POTENTIALLY LONGER, WE DON'T KNOW, POTENTIALLY LONGER, WE DON'T KNOW, BUT POTENTIALLY LONGER, WE DON'T KNOW, BUT WHEN POTENTIALLY LONGER, WE DON'T KNOW, BUT WHEN WE POTENTIALLY LONGER, WE DON'T KNOW, BUT WHEN WE MOVE POTENTIALLY LONGER, WE DON'T KNOW, BUT WHEN WE MOVE THROUGH KNOW, BUT WHEN WE MOVE THROUGH KNOW, BUT WHEN WE MOVE THROUGH THIS KNOW, BUT WHEN WE MOVE THROUGH THIS TIME, KNOW, BUT WHEN WE MOVE THROUGH THIS TIME, IT KNOW, BUT WHEN WE MOVE THROUGH THIS TIME, IT WILL KNOW, BUT WHEN WE MOVE THROUGH THIS TIME, IT WILL BE KNOW, BUT WHEN WE MOVE THROUGH THIS TIME, IT WILL BE WHERE THIS TIME, IT WILL BE WHERE THIS TIME, IT WILL BE WHERE LIFE THIS TIME, IT WILL BE WHERE LIFE GOES THIS TIME, IT WILL BE WHERE LIFE GOES BACK THIS TIME, IT WILL BE WHERE LIFE GOES BACK TO THIS TIME, IT WILL BE WHERE LIFE GOES BACK TO NORMAL THIS TIME, IT WILL BE WHERE LIFE GOES BACK TO NORMAL AGAIN.

LIFE GOES BACK TO NORMAL AGAIN. LIFE GOES BACK TO NORMAL AGAIN. >> LIFE GOES BACK TO NORMAL AGAIN. >> WHO LIFE GOES BACK TO NORMAL AGAIN. >> WHO SHOULD LIFE GOES BACK TO NORMAL AGAIN. >> WHO SHOULD BUY LIFE GOES BACK TO NORMAL AGAIN. >> WHO SHOULD BUY A LIFE GOES BACK TO NORMAL AGAIN. >> WHO SHOULD BUY A HOUSE LIFE GOES BACK TO NORMAL AGAIN. >> WHO SHOULD BUY A HOUSE RIGHT >> WHO SHOULD BUY A HOUSE RIGHT >> WHO SHOULD BUY A HOUSE RIGHT NOW? NOW? NOW? >> NOW? >> YOU NOW? >> YOU CAN NOW? >> YOU CAN BUY NOW? >> YOU CAN BUY A NOW? >> YOU CAN BUY A $300,000 >> YOU CAN BUY A $300,000 >> YOU CAN BUY A $300,000 HOUSE, >> YOU CAN BUY A $300,000 HOUSE, FOR >> YOU CAN BUY A $300,000 HOUSE, FOR EXAMPLE, >> YOU CAN BUY A $300,000 HOUSE, FOR EXAMPLE, AND >> YOU CAN BUY A $300,000 HOUSE, FOR EXAMPLE, AND HAVE >> YOU CAN BUY A $300,000 HOUSE, FOR EXAMPLE, AND HAVE A HOUSE, FOR EXAMPLE, AND HAVE A HOUSE, FOR EXAMPLE, AND HAVE A PAYMENT HOUSE, FOR EXAMPLE, AND HAVE A PAYMENT THAT HOUSE, FOR EXAMPLE, AND HAVE A PAYMENT THAT IS HOUSE, FOR EXAMPLE, AND HAVE A PAYMENT THAT IS MORE