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 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Mortgage Brokers & Lenders
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 5 years ago on . Most recent reply

User Stats

217
Posts
138
Votes
Sean McCluskey
  • Rental Property Investor
  • Newport Beach, CA
138
Votes |
217
Posts

What Rates are you getting right now? When Should I refi?

Sean McCluskey
  • Rental Property Investor
  • Newport Beach, CA
Posted

Hey BP! I'm sure everyone is actively watching the news and their impact on mortgage rates.

I'm personally losing sleep wondering if I can save more by waiting, or should I just lock in the rates today.

For those of us with loans that are well above market rate, the question of the day is: Will rates continue moving down from here? Or should a person refi immediately?

Second question that I think would help everyone: if you just got a quote, what was the rate, LTV and lender?

Thanks in advance!

Most Popular Reply

User Stats

2,229
Posts
2,710
Votes
John Morgan
  • Rental Property Investor
  • Grand Prairie, TX
2,710
Votes |
2,229
Posts
John Morgan
  • Rental Property Investor
  • Grand Prairie, TX
Replied

@Sean McCluskey

I did a cash out refi on a SFR I own outright in June. My rate for a 15 year loan was 4.125% with 1.9 points. Took 4 weeks to get the cash. Not great, but not bad for an investment loan.

  • John Morgan
  • Loading replies...