Getting The Best Mortgage Rate - part 2
by Jay Moncliff
Mortgage Rate Tip #3 Fight If the mortgage rate drops significantly and you have already signed a deal locking in a particular mortgage rate and don't have a clause that ensures you will receive the lower rate, then you need to fight. You simply need to call your lender and say that while you signed the lock in agreement you want the lower rate. This will take some negotiating, but your lender wants you business and might be willing to negotiate the mortgage rate with you.
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