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Quick question if you're still out there...
My fiance and I are purchasing our first home. Our bank has pushed back the closing date by 2 weeks. Our worry is with the mortgage rate we had locked in with the bank.
When we received confirmation of the loan from our bank, the form said the mortgage rate was locked for 30 days...no problem had we closed on the original date. Now we're scheduled to close 2 weeks after the date on the contract. Since mortgage rates have gone up a full percent since we signed, will our bank now turn around and charge us a higher rate even though they were responsible for pushing back the closing?
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When life hands you a lemon, say "Oh yeah, I like lemons. What else you got?"
Henry Rollins
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