With borrowing rates as high as they are, it could be difficult to maximize income by 1031 exchanging into a rental that is both (a) financed, and (b) in an urban area where prices may still be close to 2023 peaks. 

Curious to hear what folks think this will do to mortgage rates, especially since it's arriving on the heels of a booming jobs report.

Interest rate?

Typically interest only for a couple years, rate a little higher but i/o payment lower.

Space rated 3 Star is the most dominant subtype, with a total number of 392 units in this category, followed by 224 units of 1 & 2 Star space.

In this high-interest rate/high-price market, house-hacking is more about offsetting as much cost as you can.

exchange rates?

As soon as interest rates started climbing distributions got paused.

Your loan size will also effect the rate as a lot of the better non-qm financing have loan mins etc.  

If you plain simply want to pay off the hard money loan, you can go up to 80% LTV on a rate and term refinance, with no seasoning requirement.