April 30th, 2019 5:07 PM by Eric Fang
The economy data is very good, and Apple beat earnings again. And it seems like that the rate might go a little bit higher. But still the rate is very low, even compared the rates with end of last year.
I become a rental purchase/refinance expert now. This year, I completed one rental purchase in Las Vegas, and am working on another rental purchase in TX.
For out of state loans, I prepared pre-approval for Austin, Seattle and Boston. Yes, the rates are pretty good. Also, we can do rental refinances if you have more than 4 financed properties. The rate is still around 4% for 7/1ARM(APR 4.7%) with no closing cost if the LTV is good, like less than 50% for cash-out, less than 60% for no cash-out.