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Jul 25, 2014
3:11
:15
pm
monteburns
Always lock. Short term risk is always to the upside. Often if the rate goes
down in the process, you have a float down option. But if you're not locked and rates go up, you are hosed.
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monteburns
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monteburns
Joined
Sep 16, 2004
Last login
Jun 15, 2024
Total posts
10,947 (361 FO)
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Messages
Author
Time
I'm working on buying a new house, and was told I can lock my mortgage rate
SuperTank
7/25/14 2:59pm
That's a good rate
pink22
7/25/14 3:00pm
Check bankrate.com for lowest rates
PortlandBlue
7/25/14 3:02pm
I'm in a similar spot
webster242
7/25/14 3:03pm
For no points that seems to be about right.
BertoChavez
7/25/14 3:03pm
Rates won't be going down.
PhilPete
7/25/14 3:05pm
is that 4.25% rate or 4.25% APR? there's a difference.
Cougarclaw
7/25/14 3:08pm
4.25% would be the rate...not the APR.
ChubbyChaser
7/25/14 3:30pm
Always lock. Short term risk is always to the upside. Often if the rate goes
monteburns
7/25/14 3:11pm
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