1 post tagged “lock”
Over the last week or so I have noticed an increase in the interest rates being offfered by direct lenders as well as by mortgage brokers.
If you are getting ready to make an offer or are preparing to refinance an existing loan talk with your lender and see if you can "lock" the rate for say 30, 45 or 60 days. Sometimes this is helpful especially in a rising interest rate market.
But ask if there is a fee to do so!!
Enjoy your weekend!!
For more information go to my website: http://www.SFLuxuryProperties.com