lock in mortgage rate

Discussion in 'Trading' started by phubaba, May 14, 2009.

  1. phubaba


    Hey everyone,

    I'm thinking about buying a house in 1 to 2 years.

    Anyone know of a way to lock in a mortgage rate (at current rates), like a mortgage rate future ;)

    Or anyone have any idea on a reasonable way to do this? My assumption is that rates will start to rise.

  2. Daal


    Short 10y 30y treasury bonds
  3. CET


    If you would be a first time home buyer you should think about buying now to get the $8K tax credit, since that is a good incentive. If you think prices will still fall dramatically in your area then that is another story. Good luck.