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Updated almost 5 years ago on . Most recent reply

User Stats

8
Posts
3
Votes
Aaron Ta
  • Accountant
  • Berkeley, CA
3
Votes |
8
Posts

What's happening with Rental property interest rates right now ?

Aaron Ta
  • Accountant
  • Berkeley, CA
Posted

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

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