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locked my rate but hear they can go down how do i reverse this?

if rates go down afetr i lock can i make an adjustment? how would i approach this with the lender or do i need to spealk with a new mortgage company. i have gone through a local
By alanyost784623135 from FL Sep 3rd 2014
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That situation is why PrimeLending offers a one-time free float down of the rate but many lenders do not have that option. Ask the current lender their options but usually once you lock that is it. Changing lenders potentially could endanger your closing date. (There is sometimes a real cost to "cancelling" a rate lock...)

Sep 3rd 2014

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