What are the interest rates now a days for an investment property
What are the interest rates now a days for an investment property?
I got quoted a 4.12 the other day... is this a tad high or?
Hi @Jon Abadia,
What is your credit score, LTV, loan size, class of property? If you'd like you can DM me this.
That is a great price and below where the market is which is 4.5-5.5%
That seems about market rate right now in our locale.
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Always take into consideration the Fixed ARM products 3/1 - 5/1 or 7/1 Fixed ARM for investment properties. With rates still hovering around 2.75% it's not a bad idea considering most investors refinance within 36 month period in most cases.