Comments on: What Is a Rate Lock and How Does It Affect My Loan?

By: When to Lock Part 1: Timing Your Decision | The Chicago 77

When to Lock Part 1: Timing Your Decision | The Chicago 77 — Mon, 24 May 2010 19:21:12 +0000

[...] rate lock conundrum is the basis of angst for every borrower that I have ever had. After all, this is a [...]

By: The Dangers of Interest Rate Myopia in Choosing a Lender | The Chicago 77

Tue, 04 May 2010 13:14:42 +0000

[...] are important to any real estate transaction. To say otherwise would be naïve. But too many times rate emerges as the primary or even the single driving factor in the decision of which lender to choose. [...]

By: 30-Year Fixed Mortgage in the Low 5% Range Today | The Chicago 77

30-Year Fixed Mortgage in the Low 5% Range Today | The Chicago 77 — Mon, 22 Jun 2009 19:27:35 +0000

[...] down to around 4.875%. For many people who may have started to refinance their homes and did not lock into a rate keep an eye on rates and stay in touch with your mortgage consultant. Share and [...]

By: Mortgage Rates Under 5% Going Bye Bye for Good? | The Chicago 77

Mortgage Rates Under 5% Going Bye Bye for Good? | The Chicago 77 — Wed, 10 Jun 2009 14:03:50 +0000

[...] slipped terribly. Mortgage rates have jumped three times in the last two weeks. If you didn?t lock your 5% or less by now, you might be out of luck. After one severe swing, I was pretty optimistic [...]

By: Mortgage Rates Going Up Again | The Chicago 77

Mortgage Rates Going Up Again | The Chicago 77 — Wed, 03 Jun 2009 18:21:29 +0000

[...] the mortgage bonds again, plummeting over 180 bps, and sending mortgage rates up again. Should you lock a rate?…read my post on the subject first. They have crept downward a little Tuesday and Wednesday, [...]

By: Mortgage Rates Jumped About Half a Point in One Day | The Chicago 77

Fri, 29 May 2009 12:48:04 +0000

[...] I have ever seen-from 4.75-5.0% up to 5.25-5.5%-bad news for anybody sitting on the fence and not locking a rate, ?waiting for rates to go down even further.? The New York Fed bought up over $25B of mortgage [...]

By: Mortgage interest rates have dipped just a bit Tuesday and Wednesday | The Chicago 77

Thu, 14 May 2009 15:43:30 +0000

[...] May 2009 – Mortgage interest rates have dipped just a bit Tuesday and Wednesday. Rates have been holding low since late November. The [...]

By: Mortgage Interest Rates In a Very Tight Range | The Chicago 77

Mortgage Interest Rates In a Very Tight Range | The Chicago 77 — Tue, 05 May 2009 19:31:54 +0000

[...] 2009 – Mortgage interest rates continue to move in a very tight range. For now we will continue to recommend floating as we test the market. It looks as if yesterdays huge stock market rally, up over 200 points, was [...]

By: Jamie Franz

Jamie Franz — Thu, 30 Apr 2009 16:42:56 +0000

Great article Brad!