[Ruger2506]

Originally Posted by Kenswing

I love the higher interest rates. Gives me extra spending money.

My first mortgage was an 11% VA loan. That was considered a great rate at the time.

That would kill me buying another investment property. But it would seriously boost the other aspects of my investing life. So I suppose it is a win either way.

[Caymus]

And for whatever reason, new home sales were up over 10% last month. My first mortgage was over 12%.

[Jim1mack]

In 2014 we secured a rate of 4.75. Thirty year fixed. With a little shopping I think I could have found a lower one. Right now BankRate.com list the lowest rate of 5.99

[Pballer]

Interest rates aren't coming down because of rantings like today's threat of 25% tariffs on iPhones and 50% tariffs on imported EU products. Yawn.

[Normal]

Originally Posted by Jim1mack

In 2014 we secured a rate of 4.75. Thirty year fixed. With a little shopping I think I could have found a lower one. Right now BankRate.com list the lowest rate of 5.99

Yes, Bankrate has a great listing for buy downs. The national average can be skewed in your favor if you have the money to purchase a lower rate. Nerd wallet has a listing too for those shopping.. There is no need to pay the national average of 7%.