Is 5.55% for a cash out refi way high??
Just today got quoted %5.55 for a %70 LVT for a cash out refinance on a 2 unit investment property in CA. Seems high being I just bought a duplex at %4.35. Thoughts?
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Why does everyone fret about a percent or so when money is dirt cheap historically. Someday you will be telling your children "you know i used to be able to get money at 5.5% and I thought that was too high!"