Should You Lock In a Mortgage Rate Today? Select mortgage lenders may offer long-term rate locks that last several months, typically reserved for borrowers who are buying new construction ... a rate lock, or "float" your rate. 09/11/2024 - 3:10 am | View Link
Mortgage Rate Lock Guide A mortgage rate “float down” improves your chances at ... A rate lock is also helpful on construction loans that take several months to complete and are subject to building delays. 08/10/2020 - 9:57 pm | View Link
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