It's unsure how interest rates will move at any given time, but your lender may estimate where interest rates are headed. If interest rates are expected to be volatile in the near future, considering locking your interest rate may be good because it allows you to qualify for the loan. Or, if your budget could handle a higher loan payment, or lender's lock fees, you may want to let interest rates "float" until the loan closing.
We've been helping customers afford the home of their dreams for many years and we love what we do.
Stone Bridge Mortgage
DBA Maverick Mortgage
Company NMLS: 1938081
CA DRE: 02106106
www.nmlsconsumeraccess.org
514 Via De La Valle Ste 202
Solana Beach, CA 92075
Phone: (619) 550-9885
greg@maverickmtg.com
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