MORTGAGE ADVICE

Mortgage Rate Locks: What You Need to Know
Ask any loan officer what they hear from consumers more than any other question is, “What are your rates today?” And that makes perfect sense. Consumers are encouraged to shop around for the best deal and the interest rate is the main component of that. But what consumers may not know is that rates can change daily and even during the course of a single business day in times of
...David Reed
Writer
David Reed is a multi-published author and mortgage expert. As a Senior Loan Officer and Mortgage Executive he closed more than 2,000 mortgage loans over the course of more than 20 years in commercial and residential mortgage lending.