Friday, August 24, 2007

What Trader Joe's And Yogurt Taught Me About Home Loan Scarcity

A favorite question from my clients is "Should I lock my mortgage rate, or should I float my mortgage rate?" I am firmly in the "Lock Now" camp and have written about this more than a few times. My standard answer to the questions has lately taken a different spin, though. I still recommend locking a mortgage rate as early as makes sense, but I am now making the recommendation for a different reason. In short, lock your rate today...



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[Source: The Mortgage Reports Blog]

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