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ARSEN

Mortgage: Fixed 30 years interest rates

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Right now at 3.45%

Some people reporting that rates expect to drop close to 3.2% before elections. Anyone knows what to expect? I have an option to lock in on my rate in next 7-10 days but I can wait all the way to November to lock in. It seems like rates increased at one point in August but then dropped again.

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I thought they were just around 3.25 a few weeks ago. My wife and I just got our house at the end of July and we're at 3.5%...

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I got a 30 yr conventional at 3.25% last month

My guess is this is as low as they will get, then the election will bring them back up

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at the bare min rates go up like salt said. some fed dude even mentioned this a couple of days ago.

as i always say tho. its not about the % rate, it's about the payment.

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After your wedding tho try to pay off your house as quickly as possible. Could save you in the 6 digits in interest depending on the loan amount.

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Oh I know... I will pay around 200k in interest over 30 years... So the question is... Should I lock my rate? Whatcha guys think? My close date is Oct 26th.

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