Thinking of Buying a New Home? Lock In Your Mortgage Rate Today!

With mortgage rates trending upwards, now may be a good time to lock in your mortgage rate, if you are thinking of buying a new home.  Natalie Campisi explains the mortgage rate lock process on Bankrate.comClick here to read the entire article.

When should you lock a mortgage rate?

As mortgage rates increase, homebuyers should pay close attention — higher rates mean more cash out of pocket for borrowers.  For those worried that rates will climb even further before closing, a mortgage rate lock could be the solution.

What is a mortgage rate lock?

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