When is the best time to lock in a mortgage rate?

Changes to mortgage interest rates are as hard to predict as the stock market. Nobody can really know for certain when they’re going to change or whether they’ll go up or down — and they may even change several times within a single day. If rates are on an upward trend, then you’ll want to consider locking the rate as soon as you are able. But before you lock your rate, talk to your Loan Officer for help in choosing the right rate lock period for your situation.