What makes home loan rates highest to have 2nd home and you may money features?

What makes home loan rates highest to have 2nd home and you may money features? The minimum down payment to have a single-tool, single-family members family, townhome, or condominium money spent is actually 15% of your own purchase price. For two-to-4-equipment characteristics, brand new deposit increased to twenty-five%. 15% down payment are $75,000 25% down-payment…