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Updated almost 4 years ago,
whats your small mfh investment property rate?
I started with a 6.125% feb of 2019, refi to a 4.825% January of 2020. This week i took advantage of these low rates and secured a 3.625 % on a 4 plex non owner occupied investment property. just curious to see what your intreset rate is on your investment property? My Broker says that we may have already hit the bottom, Seems like the 10 year bond has been trending up , making interest rates higher as well. On top of all that, this past wed 8/12/20 Mark Calabria basically introduced a " Refinance Tax" of 0.5% ( half a point) on all refis! Lucky for me i barley made the cut off. please share your thoughts