We only get a statement from the management company about the rate.

This sudden jump in rates has not fully caught up with market cap rates yet since especially in the commercial and multifamily property markets, transactions typically take 6 months to transact, creating a lag effect between interest rates and market cap rates since interest rates adjust daily.

VA loans are the only loans that allow this, and there is no rate penalty for it no longer being your primary home.With that in mind, you could do a cash out refinance today at a higher rate than current market rates which will create profit on the loan, we can take that profit to pay for your closing costs.

No fees = higher rates.

Quote from @Jimmy Rojas: I live in Arizona and homes here are sky high, youd be lucky to get %6 interest rate, I would be a 1st time home buyer, apart from being 1099 employed would Trumps real estate plans benefit the little guys like me? 

Often times if you lower the rate, the fees go up and vice versa.

Yes quite a few of our 5,000 options have rate and term or purchase!

They probably have it setup to automatically transfer instead of shutoff to protect you when the tenant doesn't pay the bill.

And you are looking at an interest rate around 7% instead of over 10%. 

New-home sales hit a seasonally adjusted annual rate of 698,000.