Remove Days on market Remove Fixed-rate mortgage Remove Hard money loan
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How Much Does It Cost to Flip a House? Budgeting Tips & More

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Plus, interest rates on different types of financing can vary drastically. For example, as of November 2024, the average interest rate on a conventional 30-year fixed-rate mortgage is 6.78%. Hard money loans usually have much higher interest rates, often around 10% to 18%.