Those of you closing inside 30 days, lock, market is literally the best it has ever been and rate sheets are awesome right now... those outside 30 days, you have a harder question to answer. Those with identified properties, but cannot close inside 30 days, you may want to consider a 45 day lock...
Our market is definitely on the precipice... a word I am sure I spelled wrong, but am using correctly. We could go either way at this point in time, although the smart money would be on slightly higher rates... then again long term rates may slide back down after ticking up.
It's a coin flip right now... check your gut, then make a decision.... whatever it happens to be, don't be mad at yourself if it doesn't pan out. Long as you have strong reasons, a decision made is better than any indecision.
Wednesday, June 30, 2010
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