Mortgage Rate News
Mortgage rates are bouncing around during these tumultuous times. Fortunately for those who are buying in this market, you have access to a Lock & Shop rate program (see below) that allows you to lock in a rate and then shop for the right home.
Lock & Shop gives the buyer 30 or 45 days to find a property and then 30 or 45 days to close on it. In essence, you lock at the 60 or 90 day rate but have the option to float the rate down when you are within 30 days of closing.
This is a great rate program to consider during these uncertain times.
