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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceWhat is a good mortgage interest rate?
Eric Tsang's profile image
Eric Tsang's profile image
Eric Tsang
  • from Brooklyn, New York
  • Member since Oct 14, 2015
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Eric Tsang's profile image
Eric Tsang's profile image
Eric Tsang
  • from Brooklyn, New York
  • Member since Oct 14, 2015
Connect
Eric Tsang
  • Brooklyn, NY
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10
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Private Lending & Conventional Mortgage Advice

What is a good mortgage interest rate?

Eric Tsang
  • Brooklyn, NY
Posted Dec 10 2015, 17:41

Good Evening Bigger Pockets,

I am in the process of purchasing my first rental investment property and got a quote of 4.75% interest rate from Wells Fargo. Is this amount accurate in current market conditions? The primary house I purchased this year was only at 3.625%.. 

Any advice would be helpful!

Thank you all

Eric

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