Mortgage Rates
Mortgage rates can fluctuate daily and sometimes multiple times within a day. It’s important to speak with a reputable, seasoned loan officer for information on interest rates. However, no one can really predict the perfect time to lock in an interest rate. But you can certainly get professional advice from a reputable loan officer, who can give you detailed information on how the lock-in process works. Also, keep in mind that different banks have different lock-in policies. Always ask your loan officer what their bank’s lock-in policy is before you lock in an interest rate and commit to a lender for your mortgage needs.
