When Should You Lock Your Rate?
Thinking about when to lock in your mortgage rate? 🤔 It's kinda like trying to hit a moving target—tricky, right?
If you're looking to buy a home soon and keep hearing all this talk about rates going up and down, it might feel a bit overwhelming and trying to guess the perfect time to buy based on rates is super hard.
My take? If you've crunched the numbers, can handle the monthly payments, and feel good about your money situation, go for it and buy that home. You can always look into refinancing to lower your rate later on.
Plus, when there aren't many houses for sale, prices tend to go up. So, waiting around might mean paying more, even if rates drop.
What do you think?
🏠 Useful Resources 🏠
→ https://www.rebeccarichardsonmortgage.com/resources
📱 Book a FREE 15-min call! 📱
→ https://calendly.com/rebeccarichardson/15min
👀 POPULAR PLAYLISTS 👀
Choosing a Lender → https://bit.ly/33iGNo1
The Loan Process → https://bit.ly/33jkVJ3
Choosing a Mortgage Strategy → https://bit.ly/3uNSe2q
Shopping Your Loan → https://bit.ly/3LuQp04
Homebuyer FAQs (Shorts) → https://bit.ly/3sAyvAj
First Time Home Buyers → https://bit.ly/3gEbx61
Separation & Divorce → https://bit.ly/3Luv6Md
🏡 MUST WATCH Videos 🏡
Starting the Loan Process → https://youtu.be/aiPIcCSQdIU
What Documents Do You Need? → https://youtu.be/lb6Tx_XNVYs
How to Make a Strong Offer → https://youtu.be/zceO2RiFKkc
Preapproved for a Payment, Not a Price → https://youtu.be/SzZ77D9Px4g
How Mortgage Rates Work → https://youtu.be/MqfhHOJ5Ti0
💥 Follow me on Social Media 💥
→ Tiktok: https://bit.ly/34VUTMB
→ Instagram: https://bit.ly/3rLy5rS
→ LinkedIn: https://bit.ly/3oJLuyq
_________________________________
As The Mortgage Mentor, I'm here to help translate industry jargon into everyday language so you can confidently choose a mortgage strategy that saves you time and money.
Rebecca Richardson, AMP
Mortgage Loan Officer
team@themortgagementor.co
NMLS #91445