Buying A Home
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So we locked in today at 4% 30 yr. We do not close until the beginning of next month.
This may be a dumb question but is there anyway to "amend" that if rates go lower? Or is that not possible.
Re: S/O Interest rates
My Chart My Nest Bio
Yes, it is possible - it's just a matter of if the bank will do it. You are more likely to have it work in your favor if you're working with a broker who has a relationship with a representative.
My DH's side job is as a broker and he has successfully re-negotiated a lower rate well after locking and within a week of closing for at least 1 of our friends and his brother.