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Updated about 6 years ago,
5.75% for a Cash Out Refinance Loan after rehab
Hello,
I bought a property (SFR) earlier this year and completed the rehab and renting. I waited the seasoning period for the conventional mortgage (6 months) and spoke with the lender this morning. I was offered a 5.75% 0 points rate on a 30 year mortgage for a conventional cash out refinance loan.
While I know that rates have gone up in the last few months, is this still a reasonable / good rate? Or I can do better?
I have 780+ credit score, in case that info is needed.