thefed
Thinks s/he gets paid by the post
- Joined
- Oct 29, 2005
- Messages
- 2,203
I have one on my primary at prime minus 1.5....so it could be at 2.5%!
Another two on investment properties are sitting at prime plus .5. Gotta love that too!
The nice thing is that with all of these I can lock in for extended periods of time with minimal rate increases....like .25-.5 higher interest for 5 or 7 year interest only balloon.
I'm really tempted to buy another investment property.
I REALLY hope mortgage rates drop so I can refi at something lower than my current 5.5 fixed 15 yr. 4.5 would be sweet!
Another two on investment properties are sitting at prime plus .5. Gotta love that too!
The nice thing is that with all of these I can lock in for extended periods of time with minimal rate increases....like .25-.5 higher interest for 5 or 7 year interest only balloon.
I'm really tempted to buy another investment property.
I REALLY hope mortgage rates drop so I can refi at something lower than my current 5.5 fixed 15 yr. 4.5 would be sweet!