Closing in March/ April for a new construction. Is it recommended to do a 75-90 day rate lock now. Getting 3.25 rate for 30 year fixed

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Yes. Rate lock.

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Yes, rates won’t be going lower between now and then. 3.25 is solid.

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It’s unlikely rates will go lower at this point. If you are confident it will be finished within that window then lock asap.

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Are you paying for that 3.25 in points? Seems extremely low in this market.

$850 for rate lock for 90 days

Which lender? I’m looking for a 60 day rate look for a 30 year conventional loan. Will be great if you could give me a referral. Thanks!

I was told 75..so you might be able to negotiate once they have an application file.

Ill send you a DM with the lender I’m using.

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