Isn’t there a window of time where both the borrower and lender have to lock into a rate??? We don’t how long Hype has been in the process of buying a house and where exactly the rate was locked in at. Keep in mind, these changes just happened late last week and some over the weekend. So, I would be really suprised if the lender tried to force a higher rate at the last minute…somehow, I don’t think that would have been good for business. Of course, Hype neglects to give us more information and skews the issue.
