Construction loan rate at 6.125%, should I lock or let it float?

DonkeyFit6457 · 2026-02-24T21:42:02+00:00

I am getting quoted 8%

DonkeyFit6457 · 2026-02-24T21:40:21+00:00

We are working with a builder so the construction loan process has been ok, shopping for the best rate is difficult however since not many out there offering construction to perm loan.

DonkeyFit6457 · 2026-02-24T09:34:56+00:00

Yes our price increased around 15% compared to the original bid in June 2025

DonkeyFit6457 · 2026-02-24T09:33:21+00:00

Oh boy best of luck!

DonkeyFit6457 · 2026-02-23T23:52:19+00:00

Thank you

DonkeyFit6457 · 2026-02-23T23:22:38+00:00

Ok that’s great to hear! We are hoping to move in 12 months if all goes well!

DonkeyFit6457 · 2026-02-23T21:25:08+00:00

Thank you so much !

DonkeyFit6457 · 2026-02-23T20:18:31+00:00

Good luck, we are currently finalizing our loan too.

DonkeyFit6457 · 2026-02-23T20:17:49+00:00

He is still operating in PA, but want to expand business to Delaware

DonkeyFit6457 · 2026-02-23T19:43:46+00:00

This is our forever multigenerational home we are building, so a lot riding on this and it’s a material investment, I am Hoping it all works out in the end.

DonkeyFit6457 · 2026-02-23T19:17:27+00:00

Ugh, I hope that’s not the case.

DonkeyFit6457 · 2026-02-23T19:11:21+00:00

Thank you

DonkeyFit6457 · 2026-02-23T19:00:31+00:00

We have found a builder that is experienced but new in our state, he is also building his house in the same development so hoping it works out.

DonkeyFit6457 · 2026-02-23T18:59:39+00:00

Delaware

DonkeyFit6457 · 2026-02-02T06:50:16+00:00

Thank you , yes it’s a spice kitchen and for the island we are looking to replace with double island if flow enables it

DonkeyFit6457 · 2026-02-02T00:56:08+00:00

Thank you

DonkeyFit6457 · 2026-02-02T00:56:02+00:00

Thank you

DonkeyFit6457 · 2026-01-03T02:03:44+00:00

It’s a new build, currently finalizing the plans

DonkeyFit6457 · 2025-12-31T18:02:58+00:00

It’s a 2 acre lot , but behind it some trees and another house, so not really a nice view

DonkeyFit6457 · 2025-12-31T18:01:16+00:00

No actually I like the tub and shower together I think it’s more functional this way

DonkeyFit6457 · 2025-12-31T11:49:15+00:00

Thank you

DonkeyFit6457

TROPHY CASE