How often do interest rates change?
Interest rates can change at any time and can change as often as the market reflects any fluctuation. Your interest rate is never safe until it is locked. Depending on the term of your lock, your loan
http://www.brokeroutpost.com/reference/146426.htm (Updated: 07/30/2007)
Related Reference Topics: [interest rates, locked, change, fluctuate]

Locking in your interest rate.
If you believe that interest rates are going to rise before you close on your new mortgage, you may want to request that your loan be locked by your loan officer.
http://www.brokeroutpost.com/reference/35858.htm (Updated: 05/12/2006)

Should I lock my Rate?
When you receive rate quotes for your mortgage, they are just that - quotes. You must request that your rate be locked to guarantee that rate. Usually, your rate can be locked over the phone, with a
http://www.brokeroutpost.com/reference/29535.htm (Updated: 04/20/2006)
Related Reference Topics: [rate lock]

Mistakes to avoid when buying a home
When shopping for your new home there are many things that you can do wrong. Some of these mistakes can cost you the home you wanted to buy your money or both. Some of the more common mistakes are but
http://www.brokeroutpost.com/reference/26927.htm (Updated: 03/30/2006)
Related Reference Topics: [homebuyer, common mistakes]

Locking the Interest Rate
Lenders lock (meaning "guarantee") the rate and points for a specified period. For example; If a fixed-rate mortgage (FRM) is locked at 5.5 percent and one point for 45 days, the lender is committed t
http://www.brokeroutpost.com/reference/20192.htm (Updated: 03/12/2006)
Related Reference Topics: [rate lock, interest rate, rate lock extensions]