Should we lock rate before Debt Ceiling deadline?

[SanDiegoDave]

We’re about to buy a place.

If the debt ceiling deadline passes and the government don’t raise it, how bad will it hit home loan rates? Will the bond market crash and finally force the Fed to raise rates? If we don’t lock now are we risking something huge? 1/2 percent? 1-2% Or worse?

Anyone have an opinion on this?

[SD Realtor]

If you are in escrow (which you have to be before you can lock a rate) and your escrow is only 30 days why would you be floating your rate? Seems like yes you should lock or should have locked unless you believe there will be an impending bond market rally.

[SD Realtor]

If you are in escrow (which you have to be before you can lock a rate) and your escrow is only 30 days why would you be floating your rate? Seems like yes you should lock or should have locked unless you believe there will be an impending bond market rally.

[SD Realtor]

If you are in escrow (which you have to be before you can lock a rate) and your escrow is only 30 days why would you be floating your rate? Seems like yes you should lock or should have locked unless you believe there will be an impending bond market rally.

[SD Realtor]

If you are in escrow (which you have to be before you can lock a rate) and your escrow is only 30 days why would you be floating your rate? Seems like yes you should lock or should have locked unless you believe there will be an impending bond market rally.

[SD Realtor]

If you are in escrow (which you have to be before you can lock a rate) and your escrow is only 30 days why would you be floating your rate? Seems like yes you should lock or should have locked unless you believe there will be an impending bond market rally.

[SanDiegoDave]

We never lock right away. We usually feel things out for a couple of weeks to see trends, then lock on a dip. But this case is different because we just went into escrow and aren’t sure about the debt ceiling deadline and how that might affect things.

[SanDiegoDave]

We never lock right away. We usually feel things out for a couple of weeks to see trends, then lock on a dip. But this case is different because we just went into escrow and aren’t sure about the debt ceiling deadline and how that might affect things.

[SanDiegoDave]

We never lock right away. We usually feel things out for a couple of weeks to see trends, then lock on a dip. But this case is different because we just went into escrow and aren’t sure about the debt ceiling deadline and how that might affect things.

[SanDiegoDave]

We never lock right away. We usually feel things out for a couple of weeks to see trends, then lock on a dip. But this case is different because we just went into escrow and aren’t sure about the debt ceiling deadline and how that might affect things.

[SanDiegoDave]

We never lock right away. We usually feel things out for a couple of weeks to see trends, then lock on a dip. But this case is different because we just went into escrow and aren’t sure about the debt ceiling deadline and how that might affect things.

[Author]

Posts