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Mortgage Rate Lock

Mortgage Rate Lock: What It Is and When You Should Use It

July 24, 2025February 13, 2024 by chhotelalberwal@gmail.com

Mortgage Rate Lock: What It Is and When You Should Use It Key Points A 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 … Read more

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