If you are in home buying mode, you will already know that rates have moved well up from the super-low 2.89% that you could find just a few months ago. Today, you will be doing well if you can get a 3.39% rate!
From what we hear, it is almost certain that rates are going to move up again by the end of the week. If you haven't done so already, you need to call your mortgage broker today and lock in your rate. Most brokers can hold your rate for up to four months. So, calling your broker today will definitely save you money and there still is no obligation to make a purchase.
This is a clear cut situation where you will save money with one phone call. Do it now!
(h)(s)
