Lamar is looking to refinance his mortgage. He has already locked-in a new mortgage payment of $1,522 for the next 360 months, and closes on the new mortgage next week. Prior to closing Lamar's bank announces that interest rates are increasing. Should Lamar try to get out of the new mortgage that he had locked-in, and refinance at the new higher interest rate? Why should he make that decision? Yes, the new higher interest rate would provide Lamar with additional income No, the new higher interest rate would provide Lamar with less income Yes, the new higher interest rate would provide more savings for Lamar No, the higher interest rate would be a more expensive loan for Lamar