I will not be getting a loan, because I am in the garden until I get a mortgage. And these are just estimates, but what does the group feel about these rates? Yes, interest is higher and before all the raises, I was around 14% to 16% for loans and at 12% for a longer loan... I still dont think its great
I think that most of us would be unhappy with those rates, but, that is because we have been so used to the rates being in the single digits. My reaction to those rates was "no way"
Not awful in todays market, but can easily be beaten as welll with other lenders and they certainly beat some other lenders as well