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Updated over 3 years ago,

User Stats

54
Posts
8
Votes
Yogesh Bhadane
Pro Member
  • Rental Property Investor
  • Fairfield, CA
8
Votes |
54
Posts

Big hit for investment mortgages

Yogesh Bhadane
Pro Member
  • Rental Property Investor
  • Fairfield, CA
Posted

I am seeing significant increase in investment loan interest rates due to recent announcement from Fannie Mae.

They are limiting investment loans intake and Lenders are asking significant down payment like 25% with 4.65% interest rate.

How is this affecting rental home investors?

http://www.mortgagenewsdaily.com/channels/community/969950.aspx

  • Yogesh Bhadane
  • Loading replies...