Should I lock-in my loan rate?

It's unsure how interest rates will move at any given time, but your lender may estimate where interest rates are headed. If interest rates are expected to be volatile in the near future, considering locking your interest rate may be good because it allows you to qualify for the loan. Or, if your budget could handle a higher loan payment, or lender's lock fees, you may want to let interest rates "float" until the loan closing.

By pressing “Submit,” you consent to receive text messages from Infinity Lending Direct Inc. Messaging frequency varies. Message and data rates may apply. Expect important notifications about our services, updates on upcoming meetings, and replies from your dedicated representative. You can opt out at any time by replying "STOP" or send "HELP" for more info to any message. For more information, please read our Terms of Service and Privacy Policy.