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All Forum Posts by: Mike Imankulov

Mike Imankulov has started 1 posts and replied 1 times.

Post: Current interest rates for 30 year conventional loans

Mike ImankulovPosted
  • Durham, NC
  • Posts 1
  • Votes 1

Hi all,

I am a looking to buy my first Buy&Hold property in Triangle area in NC and have a question regarding current rates for conventional 30 years loans. I got pre-approved for 5.25% loan for the investment SFH. I have about 798 score, no debt except mortgage on my primary residence and this rate seems a bit high to me especially because the Fed just dropped the rate. Could you provide your two cents on it? Thanks.