Investor loan conventional financing rates post 4/1

[Kris Mead]

Has anyone gone for financing post 4/1? I just went for a pre-qual letter from one of my lenders and he said he was getting quotes at 6.5% for a 30 year conventional earlier in the day for another client and he couldn’t even lock it. He said it seems like they are trying to price investors out of the market. Anyone else seeing this?

I’m expecting higher rates, but 6.5 is madness.