Mortgage pre-approval a ‘secret weapon’ against climbing interest rates

If you’re thinking about buying or refinancing a home, waiting could cost you. For the first time in nearly seven years, interest rates are going up, driving up mortgage costs, and industry insiders say rates are climbing quickly.
According to broker Danny Saikaley, founder of Mortgage Forces, seemingly small changes in the interest rate can have a big impact on mortgage costs. In the case of one of Saikaley’s clients, a two-week delay in finalizing the paperwork on a mortgage refina