Related Posts
How do I make millions?
More Posts
Additional Posts in Real Estate Professionals
How is work life balance at REPE firms?
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.



I refied two single family homes early
last year and got a 15 year at 2.125 (primary) and a 30 year at 3.5 (second home). I called my
Bank yesterday to get a quote for a jumbo loan and they quoted my 5.5 on a 30 year and and 4.8 on a 15.
2.75 on 30yr fixed, rate locked in Dec-21 - primary residence
800+ credit, 97% LTV, $575k loan, no points, no PMI (through credit union)
Yes - it was new construction, so there wasn’t a bidding process
Ah OK I see that in the US they are big on what I assume are full term rates which makes sense to then have higher %s to account for more fluctuations over the period of the mortgage.
In the UK the standard is to get a 2 or 5 year fixed rate and then switch come the end of that term each time.
Which part of US you are looking to invest? Or move? Is this for primary residence or investment property?