Mortgage rates for a second home are also typically 0.25% to 0.50% higher than the rate for a primary residence, said Garth Graham, senior partner at Stratmor Group, a mortgage advisory firm. The rate is usually 0.50% to 0.75% higher for an investment property.

President Trump calls on Federal Reserve Governor Lisa Cook to resign, accusing her of mortgage fraud. NBC News Politics Reporter Allan Smith reports these allegations mirror similar accusations he’s leveled against Sen.

The Trump administration has levied mortgage fraud accusations on other high-profile Democrats–especially Trump critics.