President Trump escalated his attacks on the Federal Reserve by demanding the resignation of Fed Governor Lisa Cook over unproven mortgage fraud allegations, which she denies.

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.