Be careful playing the rate only game. A point 1 difference in rate is only about $6.00 per month on a hundred thousand dollar mortgage. Have your mortgage professional work with you to come up with a long term plan. Interest rates are just one factor, how you set things up is even more important. Remember that the interest on an investment mortgage is tax deductable so rate is less important than on your principle residence and setting things up right will allow you to buy more properties.