February 24th, 2012 12:22 PM by Eric Fang
Locked another Fredie Mac loan with loan 230k,LTV 105% for the rate of 4.375% for 20 yr fixedfor rental with no closing cost at all.
For some rentals, sometimes 20 yr fixed is not abad option if 15 yr fixed is too much.
And locked another one with 310k loan for 10 yr fixed with the rate 2.875%for no closing cost at all. This is a primary home loan.
And one week ago, I locked one loanfor 350k with 20 yr fixed for the rate3.5% for no closing cost at all.This one with LTV over 60%.
I think the rates are still great.Be patient, and you will get a good one.
Have a good weekend.