Why are mortgage pricing high having second residential property and you will financial support properties?
Why are mortgage pricing high having second residential property and you will financial support properties? Minimal downpayment to own a one-unit, single-household members household, townhome, otherwise condo money spent try fifteen% of cost. For a few-to-4-device properties, new advance payment risen to twenty five%. 15% deposit was $75,000 25% down-payment is $125,000 Investment property-Minimal down…