Home › Forums › Closed Forums › Buying and Selling RE › Who has the best 10/1 or 30-year fixed I/O programs? (pls don’t laugh) › The rates are still
The rates are still historically low..The monthly change in payment isn’t going to make a difference in qualifying for most people.
As of Friday, for a qualified borrower, I had 5.25% 30 YR Fixed.
For a $400K loan, the difference in payment between 5.25% and 4.75% is $123 month.
There is still an option to buy down to 5% or below. HLS
