Updated almost 10 years ago on . Most recent reply
Rate lock expired, what are my options
I'm purchasing a house and my 30 day rate lock has expired. Currently the rate is about 4.125 and I locked at 4.25%. The lender says that they locked me again at 4.25 but I never asked for that. What are my options? Is it fair for me to insist on getting a new lock at todays rate? We should close by this Friday and they are going to draw docs tomorrow.