Current Interest Rate??

[Sunny Suh]

Hi BP Family,

So we're looking to buy our first out of state investment property in Indianapolis for 150k! Question is, going through a mortgage, they're claiming it is 3.5% with 2 points ($2,400) or 5%. Just asked another and it's the same. Is this really the best?? 

[Vinnia Tjhin]

@Sunny Suh

I closed on a property in Evansville IN couple weeks ago 3.5% and 25% down for a duplex. I have another under contract in Indianapolis and they just locked me in with the same rate. How much down payment are you putting down?