U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate > Mortgages
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
Old 01-11-2014, 07:13 PM
3,325 posts, read 7,279,442 times
Reputation: 4110


First of all, there is not one rate. 26 factors determine an individual borrower's rate on their specific program at the exact time of day that it is locked.

Why so much concern? Will you not be able to buy, or not want to, if rates rise a quarter? Are you budgeting that tightly?

If you are projecting, take whatever you think the "rate" is today, and add a quarter to a half point to it. If you can still survive, then move on to other things.
Reply With Quote Quick reply to this message

Old 01-12-2014, 06:01 AM
Location: Southern California
4,350 posts, read 4,954,239 times
Reputation: 2129
60 day locks are available that would be the rate in 2 months if that helps.
Reply With Quote Quick reply to this message
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate > Mortgages
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top