+1 vote
My home will be completed in October 2018. Should I take the 180 day 4.5% lock at  .75%? It will cost me $2,000 up front but will be credited back to me at closing.
asked May 7 in Buying a Home by anonymous

1 Answer

0 votes
Mortgage Rates has sky rocketted in the past year. Any bad news in the market can yield a market correction.  The longer the lock, the more the premium. You can always buy down rates by paying points.  It is your call on this one.
answered May 8 by GustanCho (107,040 points)

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