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Does it make sense to lock rate immediately?

Appraisal is happening today, underwriting is underway, still no closing date. Closing date was estimated as on or about October 1, which means anytime in the month of October. The interest rate on our loan estimate has already increased .125% from 9/3. I’d like to go the strategy of locking our rate the minute we get our closing date within the 30 day lock window. Is that the safest bet? If the rate goes up after we lock then yay who cares, and if it goes down then also who cares. It’s literally just gambling anyway, isn’t it?

submitted by /u/iloverats888
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source https://www.reddit.com/r/RealEstate/comments/1wdlzk2/does_it_make_sense_to_lock_rate_immediately/
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