J. Mitchell Bernier
Mortgage Rates Steady Rising
The 30-year mortgage averaged 5.66% this week, which is up slightly from 5.55% a week ago, but could be moving higher over the next few months. The FED is doubling down on its quantitative tightening(QT) program start...
Stephanie Brown
BRRR with Rising Rates?
Hi there,
I purchased my first rental in January and am ready to go for #2! I want to make sure I employ the right strategy. What makes sense with interest rates so high? HELOC on my primary? Refinancing doesn'...
Shaun Lloyd
Combatting rising HELOC rates
Greetings all and Happiest New Year!In 2022, I pulled out a $95k HELOC (Adjustable Rate) as Down-payment to buy a duplex for rental income. However, since the fed keeps raising rates, the payment has gone from $325 to...
Emily Smith
Mortgage Rate Rise Halts
Hi, :woohoo:
As predicted, mortgage interest rates closed their latest rise, as muted economic data trimmed the rising pressure of earlier weeks. The average 30-year fixed-rate mortgage (FRM) drops a single basis...
Andrew Abbott
Rising Interest Rates 2016
I've read and heard that interest rates are expected to rise significantly in 2016...Should this be a motivating factor for someone like myself who is looking to househack a multifamily using FHA fixed 30 year mortgag...
Aaron Cunningham
Foreclosure Rates Drop and Interest Rates Rising
According to DSNews.com the national foreclosure rate dropped by 2.5% from year end 2012 to 2013. However we are seeing interest rates trend upward, December 2012 rates for a 30 year fixed conventional laon were 3....
Catherine M.
Interest rates rising? Lender increased rate quote.
We’ve been working with a lender for about 6 months to finance my first home. We are in a unique situation as we are buying a home out of a rent to own agreement. The first 4-5 months I worked with an inexperienced lo...
Tyler Todhunter
CAP rates in rising interest rate environment
Hi all,I am a small investor, currently with (2) 4-plexes and a SFR. I am lining my finances up to be able to purchase something larger, but with yesterdays Fed rate hike, I have a concern with commercial multifamily...
James York
Lending tightening and rates rising
I’ve heard today that BB&T is raising investment mortgage rates to 6-7% to slow demand. They’re overwhelmed with refi and trying to control the influx of business. Temporary or new normal?
Ray Tran
Interest rates on the rise
Fyi, rates changed for the worse 3 times today by ½, 3/8, and 3/8.
Can you still get a 5% mortgage?