As rates are going up, when is a good time to lock?

LOCK ASAP See recommendations at: http://www.yourfhaguru.com

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If you want to play it safe and you are happy with the rate your loan was written at - then I would lock. if the rate was to go down - I dont feel it will be by much. Not worth the risk. www. Homemortgagexpert.com Peter

Rates have gone up the last three weeks. Check on Monday, and consider a lock at that time.

Yes, make that Tuesday.

LOCK ASAP

You can follow the 10 yr bond as a guide, the word is that if bond closes over 2.09 its next stop is 2.40 which would push the most qualified borrower's rates over 4% towards 4.5%. Today it is up to 2.05 ish on strong homes sales and consumer sediment. To be safe lock today, if it were my own loan I would wait till bond sale is over a lock a day or 2 after OR...If you want the lowest rates and my expertise in rate locking give me a call at 954-274-7725 Ralph Guertin or email me at ralph@absolutelowrates.com

LOCK NOW... For most people, playing the rate game is foolish. Rates are just above historic lows. There is little room for downward gain, and plenty of room for upward loss.

You should lock your interest rate upon pre-approval. At that time you know you can afford the mortgage, and won't expose yourself to the risk of floating, which is gambling.

For wholesale interest rates, check www.MortgageWholesale.com. They will search their lender network andfind you the lowest rate available in the marketplace based upon your criteria and specific info.