Chad Emerson’s workload has finally ‘allowed’ him accept my 124th offer to take over his weekly mortgage rate update for him. The guy’s a trooper, but at some point, it just makes sense to let him do his job, and help him with this.

The Rates

As of today the rates for real estate investment properties — 1-4 units specifically — are as follows:

Single family units — 4.75% — assumes 20% down payment.

2-4 unit properties — 4.625% — assumes 25% down payment.

NOTE: The above mentioned down payments will rise 5% each once the investor/borrower has four (4) such loans in place. In other words, the single family loan would then require 25% down, and the 2-4 unit loan would require 30% down.

Meanwhile, back at BawldGuy Ranch, BawldOperators are waiting for your call. 619 889-7100 will find me. You many send me a note, no matter how long or short, by clicking Contact BawldGuy up top. Have a good one.