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Updated over 5 years ago on . Most recent reply
![Joseph Duenas's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/431339/1694721646-avatar-josephd35.jpg?twic=v1/output=image/cover=128x128&v=2)
WHAT'S A GOOD 30 YEAR FIXED MORTGAGE RATE FOR INVESTORS RIGHT NOW
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.
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![Aidan Mulligan's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1308026/1621511194-avatar-aidanm10.jpg?twic=v1/output=image/crop=2320x2320@0x202/cover=128x128&v=2)
I have a 5.125% rate but it's also a very small mortgage.