Borrowers, this is no time to float.
Check out of the misery. Stop rate gamble.
If you are not locked you are asking for trouble. The first week of the month I said one should stay away from gambling with rates. Since then each week the average rate has gone up. A common problem is you lose a bit, then hold on for a comeback. If you did this, you are losing. Stop playing the game and lock. Rates are still decent. Of course we could have a rebound down. But of course we could see more increases. If rates go down seriously after closing you could possibly refi. Lock Lock Lock. Ok?
