Mortgage Rate Lock

Verbal Interest Rate Lock

March 20, 2009

Does a verbal interest rate lock really lock your mortgage rate? Here are tips that could help you avoid an expensive mistake…

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Can You Break Your Mortgage Rate Lock?

January 24, 2008

Since mortgage rates have been in near freefall this week several people have asked me about breaking mortgage rate locks. Here’s the skinny you need to know about locking in your mortgage rate. Can you break your mortgage rate lock and walk away from the table at any time? While most mortgage brokers will tell [...]

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Mortgage Rates – Locking in Your Interest Rate

December 10, 2007

If you’re in the process of refinancing your mortgage you might be losing sleep over your rate lock. Last week mortgage rates rose from 5.6% to 5.8% almost overnight. If you didn’t lock your rate in writing you’re looking at higher mortgage rates this week. Here are the basics you need to know about locking [...]

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Robert Nagyvathy: I have been in the process of refinancing my mortgage through the First National Bank of Pa. It is now over 120 days since I...
Chuck: One thing is for sure and that is now is a great time to drop your rate no matter what kind of loan you have. Also a great time to buy a...
Kathie: It is now Jan. 24, 2012 and I still cannot find a bank implementing the HARP II rules. Are there any? I qualify but need the higher LTV...
chandaniel: I like the valuable info you provide in your articles about home refinance. I’ll bookmark your weblog and check again here frequently....