Where are rates headed?

[Matt D.]

Where are interest rates headed? Are lenders getting more conservative ? What sort of rates are out there for 75-80 percent LTV cash out? I've been considering refinancing 13 SFRs that I have but the problem is that most lenders cannot do any more than 4 or so and I already have 7 other Fannie Freddie loans. I do not understand why they have this cap but I'm concerned about this interest rate environment. The market seems to go up and down as far as rates and timing is everything. I always look for high leverage and low rates and I'm wondering if anybody has noticed any pull back from lenders? I like to minimize rates and maximize leverage with a lender that will allow more than a few homes in a rental portfolio. The properties are in the Las Vegas area and the market has improved drastically. Seems like I would need to move fast before interest rates take a big bump upward. Any comments or references would be greatly appreciated.