04/11/2022
As I shared in January, rates were going to rise and they have been increasing (rapidly) in the past 3 months.
They will continue to rise ruthlessly!
If you are interested in purchasing or refinancing your investment property in the next 12 months, you need to pull the trigger NOW or pay the price (literally) for the next 5+ years
Conventional Primary Residence
January 2022 - 3.56%
April 2022 - 5.13%
End of 2022 - Est 7+%
DSCR is already in the 6s