Interest rates for the week of 6/3/2024
These are today's interest rates for a borrower buying an investment property with a 760+ credit score. Closing in the next 45 days.
SFR 30%
6.99% with 1pt on 30 yr fixed with loan amounts below 200K.
7% with 1pt on 30 yr fixed with loan amounts above 200K.
SFR 40% down
6.625% with 1 point on 30 yr fixed with loan amounts below 200K
6.875% with 1pt on 30 yr fixed with loan amounts above 200K.
2-4 Units 30% down
7.25% with 1pt on 30 yr fixed (Duplex)
7.25% with 1pt on a 30yr fixed (Tri or 4 plex)
2-4 Units 40% down
6.99% with 1pt on 30 yr fixed (Duplex)
6.99% with 1pt on a 30yr fixed (Tri or 4 plex)