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Re: Any mortgage experts on the forums? I rate locked yesterday. Rates are so historically low and treasuries can't really go that much lower.
I felt like there is a chance for treasury rates to go up post election.
I got an amazing rate on a 30 year fixed refi that I cant imagine it getting much lower, and I would feel like I missed an opportunity to lock in a great rate for 30 years if I didn't lock it.
If rates go down 1/4% or more, I can renegotiate my rate, but I really see that as extremely unlikely.
My 2 cents

October 30, 2020, 05:25:56 PM