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Updated almost 6 years ago on . Most recent reply

User Stats

71
Posts
11
Votes
Joseph Duenas
  • Rental Property Investor
  • Agana, Guam
11
Votes |
71
Posts

WHAT'S A GOOD 30 YEAR FIXED MORTGAGE RATE FOR INVESTORS RIGHT NOW

Joseph Duenas
  • Rental Property Investor
  • Agana, Guam
Posted

I have a friend who is looking to refinance his free and clear investment property (condo rental) and he was telling me that the bank is offering him a 30 year fixed for 5.75%.  This seems kind of steep right now, as I've seen some 30 year home loans at 4%.  Is this high? What is a good 30 year fixed investment rate for refinancing right now? Thank you. 

Most Popular Reply

User Stats

161
Posts
178
Votes
Aidan Mulligan
  • Rental Property Investor
  • Charlotte, NC
178
Votes |
161
Posts
Aidan Mulligan
  • Rental Property Investor
  • Charlotte, NC
Replied

I have a 5.125% rate but it's also a very small mortgage.

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