+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, 2018 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, 2018 by GustanCho (106,540 points)

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