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Get Low Refinance Rates From Just 2.12%.

Should I Lock Or Float My Mortgage Refinancing Rates?

Predicting the direction mortgage refinancing rates will take without earth shattering economic news is a lot like herding cats. Dan Green from the Mortgage Reports.com makes an educated guess and offers some insight into the question to lock, or float to get the best refinance rates possible.

I expect mortgage rates to decrease. My advice not be appropriate for your individual situation and I’m not always right. Ultimately, you may find your time better spent watching this compilation of the greatest movie sandwiches. What I told Bankrate.com : “Momentum is moving mortgage rates lower. For now, ride the wave.”


If you take Dan Green’s advice while shopping for the lowest refinance rates you’ll want to float your rate rather than locking. The next step for your mortgage refi is to minimize the fees you’ll pay for loan origination and closing. These fees determine how good a deal you’re getting on your mortgage refi because you have to recoup these expenses before you realize any savings from your new, lower payments.

It is possible to find brokers willing to work for a flat loan origination fee of one percent without paying junk fees or unnecessary markup; you just need to find the right person to arrange your refi. You can learn more about getting the best refinance rates without paying junk fees by checking out my free Underground Mortgage Refinancing Videos.

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