My contract says if I can't get financing within 15 days, then I'm in default and I lose my 10k deposit. The problem is mortgage rates went up for from 2.65% about a month ago to about 3.25% today (per the quote from my loan officer), Do I wait it out a week and see if rates drop, or do I just lock in this higher rate?
Submitted February 25, 2021 at 06:44PM by holyeffman https://ift.tt/3aSnpzc
