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Updated over 3 years ago,

User Stats

4
Posts
1
Votes
Rich Cady
  • New to Real Estate
  • Dover, NH
1
Votes |
4
Posts

Current rates on investment properties?

Rich Cady
  • New to Real Estate
  • Dover, NH
Posted

Hi all, new/first-time investor here. I just got my first pre-approval for an investment property in AL through Better. Single-family investment property with 20% down in Montgomery, AL area. Rate on the pre-approval is 4.875%. My credit is 780, income is low 6-figures. I know rates haven risen some from the recent lows, but 4.875% is higher than I expected. What are other investors seeing out there for rates on SFH investment properties these days? Would prefer to hear any recent quotes in the past few weeks versus quotes from months ago. Thanks all!

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