Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Real Estate News & Current Events
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

168
Posts
162
Votes
Heidi Kenefick
  • Rental Property Investor
  • Hartford, CT
162
Votes |
168
Posts

Interest rates seem through the roof!!!

Heidi Kenefick
  • Rental Property Investor
  • Hartford, CT
Posted

I have spoken to two lenders this week and interest rates are so high compared to even a couple of months ago. In October I refinanced for 3.125 on a rental, in February I got a rate of 4.125 on a rental and now I’m being quoted 6% with $12,300 for the discount points! Ouch! This is crazy. My lender said it is because the fed is doing a sell off of securities and it is causing an increase of 60-70 basis points per day.

Anyone else seeing this? It seems like no one is talking about this?

Most Popular Reply

User Stats

17,643
Posts
30,520
Votes
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,520
Votes |
17,643
Posts
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Interest rates are still lower than when I bought my first bunch of properties.

business profile image
District Invest Group
5.0 stars
44 Reviews

Loading replies...