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mortgage rate lock?

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10-07-2004, 10:53 PM

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mortgage rate lock?

Alright, I am having a house built, I can lock my rate right now for 1/4 point and 1 grand. Otherwise I float for the next 60 days and it locks in the next 60 with my choice of days.

Which do I do? I dont know if this even appropriate for this forum but thought I'd ask since i have no idea. And its somewhat related

Thanks

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