Mortgage Rate Lock: What It Is and When You Should Use ItKey PointsA mortgage rate lock does just that: it prevents the mortgage rate from changing for a set period.Mortgage rates change frequently. A rate lock helps protect you from these fluctuations, so you won't pay more if current market rates rise before you close your loan.Depending on the lender, you...
Showing posts with label Mortgage Rate Lock. Show all posts
Showing posts with label Mortgage Rate Lock. Show all posts