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Updated almost 3 years ago on . Most recent reply

Danielle Du Plooy's profile image
Danielle Du Plooy's profile image
Danielle Du Plooy
  • Investor
  • from Philadelphia, PA
  • Member since Jun 29, 2020
  • Posts 20
  • Votes 14
  • Experience 5 Yrs
  • Investments 3
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Danielle Du Plooy's profile image
Danielle Du Plooy's profile image
Danielle Du Plooy
  • Investor
  • from Philadelphia, PA
  • Member since Jun 29, 2020
  • Posts 20
  • Votes 14
  • Experience 5 Yrs
  • Investments 3
Connect
Danielle Du Plooy
  • Investor
  • Philadelphia, PA
14
Votes |
20
Posts
Buying & Selling Real Estate

Interest rate cash out refi

Danielle Du Plooy
  • Investor
  • Philadelphia, PA
Posted

Hello all, 

I know interest rates are rising rapidly. I just got quoted a 7.25% for a cash out refi. My credit score is 780. Does this seem to align with what other people are seeing? It does seem to be a bit high

Thank you!

Danielle

Philadelphia, Pennsylvania
1 Vote
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Timothy Hero's profile image
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Timothy Hero
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  • from United States
  • Member since Jan 7, 2020
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Timothy Hero's profile image
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Timothy Hero
  • Lender
  • from United States
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Timothy Hero
  • Lender
  • United States
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Timothy Hero
  • Lender
  • United States
Replied

7.25% with top tier credit is definitely high. Right now my lenders are averaging around 6.6-6.8% without any points.

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