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Rate Locks

Does It Cost Money To Lock A Rate?

by Justin McHood Interest Rates

Sometimes I can’t remember what I have and haven’t talked about before, but I thought since I have been asked the following question so many times in the last week, I would at least write a little blurb about it.
Does it cost money to lock a rate?
While I am not exactly sure why this has [...]

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Should You Wait To Lock Your Loan?

by Justin McHood Arizona Home Financing Options

If you have a mortgage application in process and you have not locked your loan — now is a great time to lock. Rates have been climbing over the last few weeks and it is not uncommon for us to see at least one rate increase a day right now.
Recent jobs data reflected record [...]

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