Looking At Lock Times
Posted by Mike Cox
on Monday, 30 July 2012
in Rates In Motion Blog
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Rates are flat today. Today's rates with no lender fees are 3.5% APR on a 30 year, 2.875% APR on a 15 year and 2.75% APR on a 10 year. (click here for details)
Well, in your venture to get the best possible deal you should be looking at lock times. The time the loan is locked can have a big difference in your pricing. So let's talk about a few items that could potentially hold up your mortgage transaction and require a longer lock time.
Check it out in today's video: