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.
Company NMLS: 1153319, Naomi Lantz Gonzalez, Mortgage Broker -NMLS 326938
A.A. Genesis Investments, LLC
1012 Martin Ave, Suite C
MC ALLEN, Texas 78504
Phone: (956) 627-3567
fax: (956) 664-8005