steady as she goes

interest rates are holding relatively steady - but the major lenders are playing games. they will give you a pre-approval which is generally a higher interest rate than if you were actually purchasing or refinancing.
then they will give you a better rate 30-45 days prior to closing for 'real' transactions.
what is the downside ? - if you are renewing or looking to lock into a fixed rate from a variable or floating rate - you will likely get a higher interest rate than the lenders very best rate because they are keeping their' 'posted discount rates' higher.....instead of 5.15-5.29 you would likely get 5.39-5.49% - oh the games they play to try and take advantage of the consumer....