locked this morning (30 day) with an A-paper loan. This was a jumbo loan and while we put 25% down, the required was only 10% and it’s reduced documentation.

We were afraid to lock earlier not knowing what the rates were going to do over the summer. Had a chance to do so in May/June timeframe but that’s when the 10-year was through the roof.

Not trying to be a pain in the butt here, but I want to let you all know to check the information provided before getting “hyped” about the comments shared here. Just so happens I was in a position to share some insight today!