Is 30 year fixed loans still a thing? (with reasonable rates)

[Mark Feldman]

Hello all,

Curious if anyone had success with long term financing for multi-family recently. Seems as we were waiting to season the property, things changed.

Mark

[Scott Trench]

Rates have risen substantially in the last two quarters, but are still very low by historical standards. The best bet is still likely a 30-year fixed rate mortgage for most, although if you are willing to accept the higher payments of a 15-year mortgage or the higher risk of an ARM you can finder lower rates.