Home Loan Rates on Arizona Investment Property

Phoenix area investors (and investors in any marketplace) are subject to higher mortgage interest rates when they purchase investment property (aka - rental or non-owner occupied).   Why?   As your Phoenix Arizona Mortgage Lender, I want to walk you through what investors/lenders (OZ behind the curtain) are thinking. When it comes to home loan rates RISK is the name of the game.   Risk drives rate adjustments. Yes, Arizona Mortgage Rate direction (FHA, VA, Conventional etc...) is primarily … [Read more...]