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Started By
Message
re: Current Mortgage Rates
Posted on 6/4/20 at 10:08 pm to AFtigerFan
Posted on 6/4/20 at 10:08 pm to AFtigerFan
Yes I would ask
That's not your fault
But if the lock expires the cost is on the borrower to keep that rate
You are getting a great deal be stoked at the rate
Best of luck
That's not your fault
But if the lock expires the cost is on the borrower to keep that rate
You are getting a great deal be stoked at the rate
Best of luck
1
Posted on 6/4/20 at 10:15 pm to SDVTiger
quote:that was my main question. Their current rate if I applied for a loan today is 2.875%. From my uneducated perspective, why can’t I just let my rate expire without extending and start a new loan with them at their normal rate. It just so happens to be 2.875%. She said she wouldn’t offer that though due to costs incurred by them that have to be paid to Famny.
But if the lock expires the cost is on the borrower to keep that rate
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