Strategy for 5% interest rate in conventional loan for investor?

[John Vo]

Hi BP, in the past couple of days mortgage interest rate has jumped to over 4% since Election Day for primary residence mortgage borrower. As an investor, I would also guess that interest rate for qualified investors has also increase and would guess that it's currently over 5%. I'm waiting to hear back from my mortgage broker now to see what the interest rate would be for investors with 20% downpayment and credit credit over 680. It was previously quoted at 4.375% 2 weeks ago. This increase in interest rate would obviously affect the buy hold investors overall bottom line. Just interested in seeing if this increase in interest rate has changed anyone's overall investment strategy and if it did how did you compensate for this increase in interest rate. Any thoughts on if this is a temporary increase due to the Trump effect or is this a long term increase?