Short-term - LOCK as trends are showing rates at historical lows and advantage of floating is minimal.  If you are closing in 7 - 15 days, I would consider FLOATING, but the markets are volatile, so you should keep vigilant.

Long-term - FLOAT on belief that weakness in the economy will continue supporting the possibility in continued low rates

Click here if you would like to know more or want to talk about your individual needs

 

0 Comments on Rate Lock Advice - 6/30 (No Change)


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Doug Katz (Chicago Bancorp)

Doug Katz

Oak Park, IL

More about me…

Chicago Bancorp

Address: 300 North Elizabeth, Suite 3E, Chicago, IL, 60607

Office Phone: (312) 738-6079

Cell Phone: (708) 829-1336

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