hi........ great answer from donna...rates are up......the lender will probably give you the same answer.....best regards.....bob mcclure- success mortgage partners- plymouth, michigan......

Mrs. Robinson,

If your credit score has not changed, it may be that the interest rates have recently gone up. Your loan officer likely did not repull your credit since it has only been two weeks since you were pre-approved. Be aware that the rate fluctuations may change daily or even hourly! You will not be able to lock in a rate until you actually have a contractual agreement on a home.

My advice is: Rates are on the rise. If you are serious about buying and haven't picked an agent yet, what are you waiting for? All of the agents here on Trulia are good agents. Read through their Trulia questions & answers to find the right fit for you. Our services are typically free to buyers!

Whether or not you use an agent, if the home is listed, the seller is paying the same fee. You deserve to be properly represented. Rates are on the rise right now. Let someone else do the work to find your dream home, and lock in your rate before we see another increase!

We are here for you when you've decided!

Happy searching,
-Donna Reed
Midlands Realtors

Robinson51272:

That's a good question, and one that I would truly recommend that you ask your loan officer. For anyone to speculate on what happened would only be a speculation. What exactly are you looking for in a home? I would like to help! If you would like, please provide your email address or feel free to call or email me, and allow me and my team to assist you in your home search.

Sincerely,

Howard Rose III Army (RET) Realtor
Keller Williams Realty
4400A St. Andrews Rd
Columbia, SC 29210
803-800-4448-803-767-7219
hrose@kw.com

Hi.

The banks use credit scores and they pull them when asked for a preapproval letter. Your scores could have changed a little. Also, they count your debt to income ratio. I have been told that if your credit is pulled over 3 times, it could drop your credit score so be careful.

Are you working with a Realtor? If not, please let me know. I would love to assist you with your home search. I have worked with many couples who have a hard time agreeing so I have a lot of patience and would do a great job for you.

Thanks,

Darlene Vause, ABR, CNAS, CNRS, Realtor
ERA Wilder Realty
803-917-9690
darlene.vause@era.com http://www.DarleneVauseRealtor.com