I am getting 3.375 for 15 yr fixed for a rental and for primary refi 2.75%, 15 yr fixed both via american united mortgage.
Could I have done better for the rental? I’ll be closing soon and can’t change immediately.
Which state property is located in ? I’m looking for re-financing Oklahoma property and getting 4.5 for 30 year fix. Can you share the contact for mortgage officer
Looking to re-fi out of state property. Can you guys share lender information.
Thanks. Will check it out.
First Tech seems to have good rates
If folks sharing info can provide additional details
- Is your loan a Refi or Purchase ?
- Is it conforming or Jumbo ?
- Is it fixed or ARM ?
- Is the Refi for primary or rental in CA or Out ?
Thank you
Does anyone have recommendations for Rental Refi out of CA esp Utah or AZ ?
Thanks
I’d just shop online lenders on Zillow or bank rate.
Despite the 50 basis point drop in Fed rate, banks are not lowering the mortgage rates. Too good business?
Yes, banks are swamped right now with refi. It seems they actually raised rates this week so far.
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I can confirmed the same, rates have gone up since last week when I locked a cach-out refinance
No rush as the Fed won’t raise rates any time soon.
A certain bank told me it would take at least 4 months to process 
Fed will continue to lower rate, probably again in 1 week. However, 10 year treasury rate has been making huge moves.
Rates have spiked up to 1% since last week. Got quotes over 4%. Ridiculous but I understand why they do it if they literally have no capacity… supply and demand.
I’m optimistic things will die down in a few weeks and I’ll have another shot.
Anyone doing the paperwork up-front and try to lock-in a rate within a few weeks?
I got the same update - increased by 1%. I’ll wait it out for a month.
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Nobody wants to loan out money at these cheap rates. My hard money loans are still at 7-8%