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90ish day close - lock in 3.125% rate now (Lender A), or float for 30 days in hopes of maintaining 3.00% rate (Lender B)?

Chase is offering me a 3.125% rate, 0 points with a 90 day lock. Meanwhile, CrossCountry Mortgage is offering me 3.00%, 0 points, but only a 60 day lock (they told me a 90 day lock can be given on a case by case basis, but it requires submitting the application) (their fees are also a little lower).

I’ve shopped around a bit and these are the best rates I’m seeing for myself at 30 year jumbo. Is it wise to lock in the 3.125% rate now in the event that rates go up in the next 30 days, especially given that we have an election? Or do you believe this isn’t a huge concern and it’s better to go with the lender offering a better rate now?

submitted by /u/BBronck
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source https://www.reddit.com/r/RealEstate/comments/jkns4t/90ish_day_close_lock_in_3125_rate_now_lender_a_or/
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