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Stock impact report

Should you lock in a mortgage rate after the November rate cut? Experts weigh in [CBS News]

Independent Bank Corp. (INDB) 
Last independent bank corp. earnings: 4/23 04:10 pm Check Earnings Report
Company Research Source: CBS News
September's Fed rate cut initially pushed mortgage rates lower, but they climbed back up shortly after due to a mix of factors. Now, with another Fed cut expected this month, many homebuyers are wondering: "Should I lock in a mortgage rate after the November rate cut?" Mortgage experts agree that the right time to lock in a rate depends on your situation. Making your move later this month could offer some advantages. But your timeline, financial readiness and local housing market should guide your decision. The choice isn't just about getting the lowest rate — you must find the right balance for your needs. If you're thinking about buying a home soon, your choice to lock in a rate post-cut could impact your monthly payments for years to come. Here's what mortgage specialists want you to know about timing your rate lock. Start comparing your top mortgage loan rates here Should you lock in a mortgage rate after the November rate cut? Experts weigh in "In my opinion, yes, I'd go Show less Read more
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