Are mortgage rates for investment loans typically higher?

[Daniel Smith]

Getting ready to buy my first investment property, so I thought I'd be proactive and get pre-approved for a certain amount before I find a house to bid on. I contacted the big bank I have my primary loan with to see what they're requirements were. They told me for an investment property they require 25% down and the interest rate is typically .5% higher than for a primary residence loan. Is this typical? Can you find 20% down mortgages at normal rates for investment properties? This would be a jumbo loan if that matters.