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Updated almost 5 years ago on . Most recent reply
What's happening with Rental property interest rates right now ?
Hi
Despite the 50 basis point drop from the fed earlier this week, I noticed a few lenders mentioned the rental property rates went up because of the uncertainty with the corona virus and the stock market. Getting quote for 5.1% to 5.5% for rental properties.
Does anyone know when these rates will come back down again? Or will it go up even more?
Any help appreciated.
Thanks