All Forum Posts by: Cheza M.
Cheza M. has started 26 posts and replied 71 times.
Post: What's the avg interest rate for 30yr mortgage loan 2021?
Cheza M.Posted
- Investor
- New York
- Posts 87
- Votes 58
Hello, everyone. I'm thinking of investing in SFH turnkey properties out of state with RentToRetirement, like in Ohio, Indiana, and Chicago and I've contacted the some of the lenders they've recommended to me. But I'm wondering what's the average mortgage rate nowadays for a 30yr loan with at least above 700 credits?
I was wondering if these are good rates to you?
20% down-4.875% with 1.25 points
25% down-4.75% with zero points
25% down -4.125% with 1.25 points
Single family
$525 bank fees plus any points above
1 point=1% of the loan amount