Originally Posted by
DutchRyan
I must have missed some of this conversation. But, if you were referring to my original post, I locked my rate in April at 3.25% and will close this coming Friday. Per the recommendations from all the earlier posts, I will likely wait until the following Monday or Tuesday before doing my mini AOR - 2 months after my previous one.
I wasn't asking whether I should lock rates now or wait... but maybe I missed part of the conversation.
One more voice to the chorus... WAIT.
Even more so in your case because you're locked in at a great rate that's getting better by the day. If you blow this opportunity you're looking at a 1+% higher rate given the way mortgage rates have been rising. Your 3.25% rate is worth waaaaaaaaay more than whatever you were going to get on the AoR.
Let the mortgage fund, then do the AoR.