Fed cutting interest rate is inevitable, a eventuality, just a matter of when (this year? next year, 5 years from now). In terms of almost foreseeable future (say assuming a modest rate cut end of this year), what do people think that will do to the US real estate (residential and commercial) market? Residential is highly localize, mortgage rate is still very high, I guess there is no way to tell. But in terms of commercial, because of the work from home trend, is rate cut going to do anything to it at all? Is it all downhill from here on?
What's alsonot clear to me is mREIT (the likes of NLY, AGNC etc), how will it be affected by real estate market and/or rate cut, what do people think?
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