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Quit bringing up high rents
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reformedbanker
Posted 2/3/2024 11:03 (#10606652 - in reply to #10606639)
Subject: RE: Quit bringing up high rents


As a buyer, only way I would sign a locked interest rate contract is if the purchase price is discounted. The yield curve is predicting that if you get a regular mortgage loan, it is likely that you will have the opportunity to refi lower in the next 2-3 years.

This may not end up being the case for many reasons, but a locked interst rate contract erases all chances.
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