Current rates and down payments

[Jason Lochinger]

I recently downsized to a new primary home at 4.125% and as of May 1st renting out my previous primary. I went back to my favorite lender and they are requesting 25% down and looking at a 5% rate for the fourplex I would like to purchase. The rate (on the primary) had a lot of volatility over the three weeks when I was closing so I get that, but 5% sounds high on a multiplex. What are other seeing for residential investment property downpayments and rates? 25% down and 5% rate? Thanks!