Locking vs. Floating Your Mortgage Rate

To mortgage folk across the country, it’s an age-old question: “Lock or float?” It’s a question loan officers and mortgage brokers get asked on a daily basis, often over and over again by panicked borrowers and first-time home buyers. And it might just be the most important answer a homeowner will come up with during [&hellip

The post Locking vs. Floating Your Mortgage Rate first appeared on The Truth About Mortgage.

Source: thetruthaboutmortgage.com