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You are here: Home / Boulder Market Reports / Locking Mortgage Interest Rates 101

Locking Mortgage Interest Rates 101

August 17, 2018 by The Boulder Property Network

Duane Duggan, with the Boulder Property Network at RE/MAX of Boulder, sits down with Jessica Shanahan of Premier Lending to discuss the hot topic of locking interest rates on a mortgage. How is a “lock” defined financially? Are there any requirements that need to be met in order to be eligible for a lock? How long do locks generally last? How does the length of a lock relate to the quality of the interest rate? Lastly, are borrowers charged for these locks?

Filed Under: Boulder Market Reports, Boulder Real Estate Blog, Duane's Timely Topics, Real Estate Investment Information, Weekly Boulder Video Podcast Tagged With: #interestrates, #mortgage

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