Mortgage Preperation

It looks like our house is still on pace to close on September 24th!  Yesterday, in the pouring rain, the electricians were inside installing all of the switches and fixtures.This week, thanks to the tropical storm,  is also proving to be an excellent opportunity to check for leaks and flooding.  So far we have not found any leaks.

Mainly, we have been dealing with the mortgage company.  Despite being pre-approved back in January, we are not having to resubmit all of our financial documents.  It seems like every time I check my email (which is frequently) we have a request for another document that needs to be provided yesterday.  

We are still floating the market.  Ideally, we will lock in our interest rate at 4.375%.  We got that quote for a 15-day lock-in when we were outside of 15-days and the 30-day quote was 4.5% .  (They are our builder's partner, so why are they quoting us rates for lock-in periods that cannot be met?).  

Our mortgage guy loves us.  We do not perceive a current risk that the mortgage rates will go up in the near future.  Every morning we send him an email asking for a new quote.  This past week the quotes have remained at 4.5% for both the 30-day and 15-day periods.  At the 15 day mark (tomorrow), our rate will automatically be locked in. In my defense, I told him that we will accept 4.375% or float the market.  If he gets tired of my emails, he knows what to do to make them stop.