It's pushing 6% if you have worse credit (700-750). But don't worry about that, NINJA loans are back: https://i.redd.it/wnzuveooo5w81.jpg

That looks like a crash waiting to happen.

No Income, No Job anything?

No assets.

https://www.investopedia.com/terms/n/ninja-loan.asp

I would hope if you have no income you don't have a job!

I suppose you could have income from interest on capital or stock dividends

As Tobias said in Arrested Development: "NINJA please!"

Allegedly 6 more rate hikes from The Fed this year too, so this could just be the beginning.

I personally do not believe they have a shot in hell at making it through 6.I think there is going to be some serious chaos in markets well before then. We haven't seen chaos in markets without immediate fed support for decades. It's going to get bad IMO.

It will be surprising if Powell doesn't do a second pivot and go Dovish well before 6.

Obviously I'm not a fortune teller and many people disagree.

And it is still relatively easy to get ~4-4.25% with a little bit of negotiating.

By negotiating do you mean taking points? I can’t imagine many lenders are willing to go below prime for a 30 year conforming loan.

I'm in escrow with less than 4% today w no points. Took some negotiating

How to negotiate rates? What do you usually tell them in the phone ?

Shop around. Ask about relationship deals for assets under management. Ask about getting closing costs credited towards points. Tell them if you have a better offer and ask if there's any discounts the underwriter can offer