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Updated almost 7 years ago,

User Stats

49
Posts
19
Votes
Chang Hee Lee
  • Real Estate Broker
  • Champaign, IL
19
Votes |
49
Posts

How Are You Dealing With Increased Rates?

Chang Hee Lee
  • Real Estate Broker
  • Champaign, IL
Posted

I was working with some investors yesterday and were calling some of the local banks in town. Thank God owner-occupied loans are still under 5% but I had some lenders quoting us 6% on a fixed 30-year for investment property. Just wanted to see how everyone else out there is adapting to these changes as the Fed is pretty confident on a total of four rate hikes this year (yikes!).

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