[mahjong]

I locked my mortgage rate with a particular lender at 0 cost / 0 fee. The rates have fallen but the lender says if I want to change then I lose my appraisal fee of 500$. He says it's not worth renegotiating the rate unless it fall half a point - at which time he will meet in the middle (may be drop the rate by quarter of a point). This is a reputed lender like Wells Fargo. There are others who offer me lower rate now and if I should move as I wonder if WF is telling me the real story or not.