Renting out a room is a great way to get started, and I wouldn't get too settled into the "going rate" use that almost as a floor. 

HML rates are currently around 11% plus a few points.

The real estate market has shifted dramatically in recent years rising interest rates, evolving buyer and seller expectations, and fluctuating property values are keeping all of us on our toes.

Also, these deals tend to have very thin margins because the brokers will soak up a lot of the up front pricing while also pressuring you to get skinny on the rate.

The only real differences are the rate and term.

We are also going to see rates start to trend down once the 10 Year treasury start to adjust down.If you have any questions at all or need to pick a Baker's brain feel free to reach out!

It really doesn't apply as much anymore in most markets because rates are too high and homes are selling for too much. .75% rule is more viable and would be the new 1% rule in this market.

I'd only consider refinancing the primary residence for the best rate. 

While rates may not decrease, the significant double-digit increases should level off.

I was hoping the rate cuts in the last 12 months would have had more of an impact on mortgage rates.