Home Loan Rates on Arizona Investment Property

Phoenix area investors know mortgage interest rates go up when purchasing rental property.   Why? First of all, risk is behind all home loan rates.  In fact, risk drives rate adjustments. Yes, Arizona Mortgage Rate direction (FHA, VA, Conventional etc...) is primarily based on market forces. However, the difference between Phoenix mortgage interest rates for different scenarios on any given day is all based on risk. Primary & Investment Home Loan Rates Pretend you are a mortgage bank.  … [Read more...]