Another Update On Our Loan

We are still waiting to close our home loan. The loan lady said we should be able to close Friday, but that ain't happening!!! It has something to do with the interest rate. Apparently she locked it in a while ago... (knowing we still had to get our taxes done and everything like that)..... so she called yesterday to say that there was going to be a $750.00 penalty to have it locked in by Friday.... because it has been over 30 days since she locked it in the first time, they won't let us keep that rate..., but they won't let you lock in another rate for 30 days. So there are three options: 1) Pay the $$$$ and get the rate that we had in the first place (5.0%) and we could close Friday. 2) Re-apply for the loan and do all the paperwork again, and wait for some more time to go by, and that way there won't be a 30 day waiting period. 3) Wait the 30 days and re-lock in the the currant rate which may or may not be higher than the first rate. I think we are opting for option #3. So I am not quite sure when we can close the loan because the people we are buying the home from are conveniently going on vacation from the 10-22 of March, which is why we wanted to close before the 10th. So now we just wait to close until the end of March. Hopefully we can still be moved in by the 31st.... I swear if we end up with this house it will be a true miracle!!