Closing on a new construction house that will be completed by late March. We were pre-qualified with several lenders.
We ended up locking an interest rate on a 30-year fixed about 2 weeks ago.
I see that due to recent news, the 10-year treasury has dipped, even lower to what it was on day we locked in our rate.
If the 10-year treasury continues to decrease, would be safe to assume that mortgage rates may reverse a little bit upcoming days/weeks? If so, would it be better to try to re-lock with another lender since we still have time?
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source https://www.reddit.com/r/RealEstate/comments/t0aaby/would_a_dip_in_10year_treasury_mean_mortgage/
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