195: May Mortgage Rate Update with Investment Counselor Adam
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About this episode
Investment Counselor Adam talks with one of the network's lenders about what rates are available for investors, what's been driving the slowly rising rates, whether it's worth it to pay points on your loan, and more.
Key Takeaways:
[1:11] Rates are higher than they were 4 months ago, but where are they historically?
[6:35] What will happen to rates if the 7% limit is removed?
[8:24] Today's mortgage rates for a 200,000 property
[11:07] What breakeven is considered good for paying points on your loan?
[13:26] Does it make sense to put 15% down?
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