I am a looking to buy my first Buy&Hold property in Triangle area in NC and have a question regarding current rates for conventional 30 years loans. I got pre-approved for 5.25% loan for the investment SFH. I have about 798 score, no debt except mortgage on my primary residence and this rate seems a bit high to me especially because the Fed just dropped the rate. Could you provide your two cents on it? Thanks.
Apologies not answering your question but i wanted to ask the same. I am at 5% for a 30 year loan for one of my SFH investment rentals(that i got in beginning of 2018) and wanted to check if its worth re-financing. BP Investors any thoughts on this please - what are your current rates?. Thank you!