AHHH Ray,, You must have updated your subscription! Happy Thursday..

Yes, rates are low for those who qualify.
My current borrowers are locking in at 4.25%-4.50% for loans that they actually qualify for, up to $546K.

A very high % of people do not qualify for the average rates that are quoted above. They have NO option to refi at ANY rate.

It still depends on credit score, proof of income, loan to value ratio, and whether cash is being taken out. Condos are harder to finance.

There is no ONE RATE that applies to everyone.
For those that do qualify, 4.25%-4.50% is available on rental property too.

It’s a historical gift. Many people don’t seem to understand the long term guaranteed benefit of getting these low rates…. HLS