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Message
re: Current Mortgage Rates
Posted on 6/4/20 at 11:04 pm to HYDRebs
Posted on 6/4/20 at 11:04 pm to HYDRebs
quote:
It’s to deter the availability to lock in a position over and over again if rates got better.
Makes sense, but I’m not trying to get a better rate. Just trying to get their current rate which happens to be the same rate I originally locked into.
Update: the bank called this morning and agreed to re-lock the loan at 2.875% for 45 days with no charge to me. I'm happy to say the least and glad I pushed back when it didn't make sense to pay $1700 or $1050 to do this.
This post was edited on 6/5/20 at 8:50 am
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