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Call Dan at 513-443-2020 | Mortgage Weather Forecast: 0% Visibility
Posted on October 13, 2006
Filed under On "Float" vs. "Lock"
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Just two weeks ago, I was talking about Refi Season and Homebuyer Envy.
How quickly things can change.
Mortgage interest rates respond to risk -- the more risk in the market, the higher the mortgage rates will be. Unfortunately, only Maia knows what "news" is coming down the pike next that can change that risk.
This is Reason #1 to lock your mortgage rate as early as possible -- you can mitigate your exposure to economic, geopolitical, and natural exposure.
Plus, you win 100% of the time.
Dan Green is an active loan officer. Email or call 513-443-2020. Dan is on Twitter at @mortgagereports.
