mortgage simple definition: How Mortgage Rate Locks Work!

How Mortgage Rate Locks Work!

How Mortgage Rate Locks Work!. Your 365 Day Mortgage Rate Forecast

How Mortgage Rate Locks Work! video duration 8 Minute(s) 23 Second(s), published by Andrew Finney Team on 17 09 2018 - 18:00:08.

In today's episode you'll learn how mortgage rate locks work! As your searching for the best lender with the best mortgage rate, you'll want to know what is a https://growella.com/mortgage/ ▻ Today's mortgage and real estate news: (1) Ellie Mae reports that lenders now need 42 days to close on a mortgage, on .

Calum Obbard-Banham, Luke Worrell and Charlie London discuss three rates available for limited company applicants
Rates correct as at 19/02/2019 Call us Mortgage Interest rate update for Dallas Texas improved this week
The mortgage interest rates dropped to a 4 month low
Now could be a great time to secure a If you plan on buying a home this year, it doesn't make sense to wait! Mortgage interest rates and home prices are both projected to increase significantly .

In today's episode you'll learn how mortgage rate locks work!

As your searching for the best lender with the best mortgage rate, you'll want to know what is a mortgage rate lock. In addition to mortgage interest rates, your lender will ask you if you want to lock in your mortgage rate.

After watching this video you'll know should you lock in your mortgage rate now, later, or a couple weeks before closing plus how a floating interest rate works!

Timeline:
1. 0:42 - How to Lock in a Mortgage Rate!
2. 2:48 - What is a Floating Interest Rate?
3. 4:25 - Why Competition is Good for the Consumer!
4. 5:24 - Should I Lock My Mortgage Rate Today? -How to Decide if Rate Locking is Right for You!
5. 6:48 - Don't Let FEAR of Mortgage Rates Stop You!
6. 7:29 - Your Turn!

Share your favorite part of this video and your credit report tips and your savvy what do mortgage lenders look at when assessing an application tips with us in the comments section below. Thank you!

If you want help finding one of the best real estate agents in the nation, a CRS, please let me know. I'm here to help!

Want to know more about Las Vegas real estate or about buying a house in Las Vegas? Send me a message, I'm here to help!

Enjoy an amazing day!
-Your Real Estate Geek, Andrew Finney

Contact info:
Andrew Finney
USMC Combat Veteran/ Trusted Real Estate Advisor
License #S.0173260 - Las Vegas Realtor

Call/ Text: 702-710-0287
Email: Andrew@AndrewFinneyTeam.com
https://www.andrewfinneyteam.com/

BHHS, Nevada Properties
7475 W. Sahara Ave. Suite 100
Las Vegas, NV 89117

Designations-
Certified Residential Specialist (CRS)
Accredited Buyer's Representative (ABR)
Sellers Representative Specialist (SRS)

Certifications-
Military Relocation Professional (MRP)

Disclaimers/ Credits:

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At the time of production, Andrew Finney, S.0173260, is a real estate salesperson at BHHS, Nevada Properties in Las Vegas, NV.

Andrew's videos are his own and do not necessarily represent the views and/ or opinions of BHH.

The purpose of Andrew's videos are to educate you and help you make sense of the real estate process. If you have questions about home loans and real estate where you live, you are advised to reach out to a local loan officer and trusted real estate advisor in your area for further counsel about your own unique situation.

Video Inspiration:
https://www.realestate.com/articles/finance/what-is-a-mortgage-rate-lock