I am in the middle of getting a loan with a small credit union in my area, and recently rates dropped and I asked my lender what the rate was now and he said it was the same for my deal.

I've never asked or seen anyone that injected themselves in the middle of a PM and investor as you did.

I'm in the middle of getting a multiplex with my brother.

While she seems like a nice lady, I don't want to be caught in the middle if her X-Husband  decides he doesn't want to pay her.

Hey BiggerPockets family,I was just approved for an owner occupant, Fannie Mae, 5% down with a purchase price of $1.3 million for a 4plex in the Phoenix Metro of ArizonaMy middle FICO credit score is 759My current DTI debt to income ratio is 30%I have enough down payment, closing costs for the subject property, and enough liquid reserves for all 10 of my apartment buildings totaling 45 units in PHX Metro AZ my mortgage lender quoted me with a rate at 8.125% with me paying 0.156 points totaling $1,920My question is,does this 8.125% interest rate sound reasonable for an owner-occupied fourplex 5% down Fannie Mae conventional loan as of March 27th, 2024, at 1700 hours?

I always say it is in the middle but leans towards Landlord.

We are +3.5 up then down to -1 pool in the middle, back up to +1!

I personally hear from tons of people who think the market will come down, due to the struggling middle class and the fact that it will get worse.

I've scaled to 9 doors and am in the middle of my first flip there.

Unlike most of the other reports that generally come early in the morning, before many mortgage lenders release rates for the day, these typically occur in the middle of the day or afternoon and can be responsible for midday mortgage rate moves.Final ThoughtsWhile the bond market and U.S. financial system can be daunting and complex, following changes in DSCR loan rates (rental property mortgage rates), it mostly boils down to future expectations for Federal Reserve rate decisions—which are primarily driven by various economic data reports that measure inflation and the strength of the jobs market.