MortgagesUndressed

Exposing Mortgage Facts - Making Mortgages Transparent

Should you lock your rate today?

Should you lock your rate today?

The Mortgage Reports posts that each week BankRate.com surveys experts on the 30 -45 day direction of rates.

OK , that make’s the question easy for you. Just follow the advice of those who know.

This week: 29% would say lock, rates are going up. 29% don’t lock, rates are going down. 42%, you choose, they are going to stay the same.

Now, wasn’t that easy. All because I found it for you. Larry Cragun

2 Comments so far

  1. Bonnie Erickson July 22nd, 2006 11:24 pm

    I love it! “Should I lock, or not?” “I don’t know. Let’s ask the experts!” What a clear and predictable answer!

  2. Larry Cragun July 23rd, 2006 8:53 am

    Gotta have a little fun with facts. Thanks.

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