When is the Best Time to Lock a Loan and What Does it Mean?

When it comes to locking the interest rate on a mortgage loan, everybody wants to time it to get the best deal. There’s nothing wrong with that sentiment–it’s normal. The first thing borrowers should consider is their capacity to take the risk of a rise in market rates. Click on the image above to read more about timing and what it means to lock your loan and click here for additional information and FAQs.