Interest rates increase avutaay ankune vaallu, can do extended rate locks for 180 days

[Guest]

If you have booked a lot and you are going to get the home in next 6 months, you can lock the rate for 180 days or 1 year kuda unnay options. There will be slight increase in the rate but rates increase avthay ani talk nadustundi kaabatti, you can look for this option and its worth it. Around 3.5% lo unnay ippudu for 180 day lock and when you already know the number which is not going to change, you will have a peace of mind. One time float down kuda cheskovachu if the rates drop within 60 days of closing or just go with this if the rates increase

[sureshkonda]

not worth it. closing costs $12k-15K aithadi if you buy down the rate otherwise 4.5-4.75% interest rate kattukovali 30 or 15 years ki.

[ShyamSunder]

6 hours ago, Guest said:

If you have booked a lot and you are going to get the home in next 6 months, you can lock the rate for 180 days or 1 year kuda unnay options. There will be slight increase in the rate but rates increase avthay ani talk nadustundi kaabatti, you can look for this option and its worth it. Around 3.5% lo unnay ippudu for 180 day lock and when you already know the number which is not going to change, you will have a peace of mind. One time float down kuda cheskovachu if the rates drop within 60 days of closing or just go with this if the rates increase

Ippudu only 2 months ki isthunaru ani talk undhi kada...6 months or 1 year ki ela lock cheyachu

[hushh fatak]

9 hours ago, sureshkonda said:

not worth it. closing costs $12k-15K aithadi if you buy down the rate otherwise 4.5-4.75% interest rate kattukovali 30 or 15 years ki.

refinance ani oka option untundhi telusa 

 

[Moon_Walker]

Great post i was about to post it.

Lock now for 120 or 180 days before it too late