The 30-Year Mortgage Rate Just Hit 6.58%. Owner Financing Skips It.

Folks, the thirty year mortgage rate just hit six point five eight percent. That's from the Federal Reserve Bank of St. Louis public database, updated this week. Six point five eight. Owner financing skips that entirely. No bank, no credit check, no thirty year rate. You deal directly with the seller. On owner financed land, you negotiate terms directly with the seller. Fixed monthly payments. No variable rate, no surprise at renewal. Full terms are on screen.