Comments on: When to Lock a Mortgage Interest Rate http://massrealestatenews.com/when-to-lock-a-mortgage-interest-rate/ Real Estate News and Views for Metrowest Massachusetts. Published by Bill Gassett RE/MAX Executive Realty Tue, 15 May 2012 18:57:55 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Bill Gassett http://massrealestatenews.com/when-to-lock-a-mortgage-interest-rate/comment-page-1/#comment-4128 Bill Gassett Thu, 06 Oct 2011 15:49:20 +0000 http://massrealestatenews.com/?p=153#comment-4128 Vijay when to lock your mortgage rate would come down to your willingness to take a risk and the cost associated with locking the rate in. If you were willing to see rates going up you would not lock until you were 45-60 days away from February of next year. If you are risk averse you would lock now but have to pay extra to get the rate extended for such a period of time. Vijay when to lock your mortgage rate would come down to your willingness to take a risk and the cost associated with locking the rate in. If you were willing to see rates going up you would not lock until you were 45-60 days away from February of next year. If you are risk averse you would lock now but have to pay extra to get the rate extended for such a period of time.

]]> By: Vijay http://massrealestatenews.com/when-to-lock-a-mortgage-interest-rate/comment-page-1/#comment-4123 Vijay Wed, 05 Oct 2011 15:49:44 +0000 http://massrealestatenews.com/?p=153#comment-4123 Great Blog!. Thanks for sharing. I am shopping for loans. I know I will not be able to move into my new home before February 2012. It is October 2011 now. My question is, when should I lock my rates? If I lock it now, it would not serve the purpose as the current wait for the home to be ready is almost 90 days. Great Blog!. Thanks for sharing.
I am shopping for loans. I know I will not be able to move into my new home before February 2012. It is October 2011 now. My question is, when should I lock my rates? If I lock it now, it would not serve the purpose as the current wait for the home to be ready is almost 90 days.

]]> By: Keith Pentz http://massrealestatenews.com/when-to-lock-a-mortgage-interest-rate/comment-page-1/#comment-3297 Keith Pentz Wed, 02 Mar 2011 14:26:18 +0000 http://massrealestatenews.com/?p=153#comment-3297 Bill- Great article and awesome to see someone talking about the Fed Funds Rate...every time this comes up we get bombarded with requests to "float". Now I can point them to your article. Also, getting it in writing (lock confirmation) is HUGE! thanks for the great blog.. Bill- Great article and awesome to see someone talking about the Fed Funds Rate…every time this comes up we get bombarded with requests to “float”. Now I can point them to your article. Also, getting it in writing (lock confirmation) is HUGE! thanks for the great blog..

]]> By: Bill Gassett http://massrealestatenews.com/when-to-lock-a-mortgage-interest-rate/comment-page-1/#comment-3125 Bill Gassett Thu, 03 Feb 2011 12:26:33 +0000 http://massrealestatenews.com/?p=153#comment-3125 Thanks Chris I appreciate the compliments! I hope things are going well for you. Thanks Chris I appreciate the compliments! I hope things are going well for you.

]]> By: Christopher Arienti http://massrealestatenews.com/when-to-lock-a-mortgage-interest-rate/comment-page-1/#comment-3123 Christopher Arienti Thu, 03 Feb 2011 04:04:46 +0000 http://massrealestatenews.com/?p=153#comment-3123 Bill, great article... thanks for the info on when to lock an interest rate. I am constantly learning from you, which for a new agent, is fantastic. Keep up the great work! Bill, great article… thanks for the info on when to lock an interest rate. I am constantly learning from you, which for a new agent, is fantastic. Keep up the great work!

]]> By: loans http://massrealestatenews.com/when-to-lock-a-mortgage-interest-rate/comment-page-1/#comment-81 loans Wed, 10 Mar 2010 07:43:20 +0000 http://massrealestatenews.com/?p=153#comment-81 I want to thank the blogger very much not only for this post but also for his all previous efforts. I found this Massachusetts Real Estate blog to be extremely interesting. I will be coming back to massrealestatenews.com for more information. I want to thank the blogger very much not only for this post but also for his all previous efforts. I found this Massachusetts Real Estate blog to be extremely interesting. I will be coming back to massrealestatenews.com for more information.

]]> By: Doug Francis http://massrealestatenews.com/when-to-lock-a-mortgage-interest-rate/comment-page-1/#comment-34 Doug Francis Mon, 01 Mar 2010 19:56:20 +0000 http://massrealestatenews.com/?p=153#comment-34 So timing is essential when trying to decide when to lock too... so check with the lender. The longer the lock, the higher your points so it makes sense to ask if you have 30, 45 or 60 day pricing. Also, locking in might just help you sleep better! So timing is essential when trying to decide when to lock too… so check with the lender. The longer the lock, the higher your points so it makes sense to ask if you have 30, 45 or 60 day pricing.

Also, locking in might just help you sleep better!

]]> By: Betsy http://massrealestatenews.com/when-to-lock-a-mortgage-interest-rate/comment-page-1/#comment-13 Betsy Thu, 25 Feb 2010 19:24:22 +0000 http://massrealestatenews.com/?p=153#comment-13 Hi, Bill, Great article. I know today most lenders require that the borrower sign a paper that they have agreed to the interest rate and the locking period. And with today's new GFE, lenders are being even more careful. I'm glad to see our industry being much more professional. Betsy Hi, Bill,
Great article.
I know today most lenders require that the borrower sign a paper that they have agreed to the interest rate and the locking period. And with today’s new GFE, lenders are being even more careful.
I’m glad to see our industry being much more professional.
Betsy

]]> By: Bill Gassett http://massrealestatenews.com/when-to-lock-a-mortgage-interest-rate/comment-page-1/#comment-10 Bill Gassett Tue, 23 Feb 2010 23:07:58 +0000 http://massrealestatenews.com/?p=153#comment-10 Lew thanks for the link on locking a mortgage interest rate. Lew thanks for the link on locking a mortgage interest rate.

]]> By: When to Lock a Mortgage Interest Rate « The Mortgage and Real Estate Market on Cape Cod http://massrealestatenews.com/when-to-lock-a-mortgage-interest-rate/comment-page-1/#comment-8 When to Lock a Mortgage Interest Rate « The Mortgage and Real Estate Market on Cape Cod Mon, 22 Feb 2010 16:00:35 +0000 http://massrealestatenews.com/?p=153#comment-8 [...] PDRTJS_settings_957412_post_601 = { "id" : "957412", "unique_id" : "wp-post-601", "title" : "When+to+Lock+a+Mortgage+Interest+Rate", "item_id" : "_post_601", "permalink" : "http%3A%2F%2Flewcorcoran.wordpress.com%2F2010%2F02%2F22%2Fwhen-to-lock-a-mortgage-interest-rate%2F" } When to Lock a Mortgage Interest Rate [...] [...] PDRTJS_settings_957412_post_601 = { "id" : "957412", "unique_id" : "wp-post-601", "title" : "When+to+Lock+a+Mortgage+Interest+Rate", "item_id" : "_post_601", "permalink" : "http%3A%2F%2Flewcorcoran.wordpress.com%2F2010%2F02%2F22%2Fwhen-to-lock-a-mortgage-interest-rate%2F" } When to Lock a Mortgage Interest Rate [...]

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