NettetMy rate is based on 3.5% 30-year FNMA and if I switch to another lender can immediately get a 3.875% rate today if I lock in with them. As a result of the 0.25% decrease, the … NettetOP has posted a screenshot of an approved application for a loan but OP has not actually accepted the loan or initiated a position with said loan.Since we are caring, nurturing …
Extended lock on mortgage rates : r/RealEstate - Reddit
Nettet31. mar. 2024 · My lender hasn’t said that we need to get to a certain state to lock the rate, but has alluded to the fact that it will take months to close several times. My … NettetBuilder came back to me telling to stick with their lender and they gave me a rate of 5.25% and 0$ in closing costs. I did the math and it was beneficial for me so I went with the … st lucy catholic church fowler ca
Purchase Mortgage Rate Drop After Lock : personalfinance - Reddit
NettetSo if you're going to decide on lender purely on rate, you'll need to ask what the longest lock period the different lenders you talk to offer and wait for a quote until their offer … NettetRates are so low right now that lenders are overwhelmed with custom terms wanting a loan — it matters very little to them if the commission is from your loan or the loan right … Nettet10. feb. 2024 · A mortgage rate lockincludes the annual interest rate, fees, and monthly payment plan. For instance, you might lock in 6.5% for a 30-year fixed-rate mortgage … st lucy caregiving services