There's been more talk of negative interest rates. Allen Greenspan said today they will be coming. I assume this would mean a great opportunity to refinance existing loans. Would it be more or less difficult to refinance in that type of environment. Are there any other strategies to prosper with negative interest rates? Is there something that can be done to be ready to take advantage of or protect oneself for this scenario?
I know a lot of this would be theoretical as we haven't experienced this in the US before.
I doubt we'll see negative rates on property loans in the near future. The federal funds rate might go negative in the near future, but it seems extremely unlikely that debt on real estate will also go negative.