WHEN SHOULD I LOCK IN MY INTEREST RATE?

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Have you ever wondered when you should lock your interest rate? In this video, I discuss what a rate lock is, and how you can use it during the homebuying process.

00:19 Interest rates change daily
00:30 What a rate lock does
00:48 Traditional rate lock
01:27 Mortgage-backed securities
02:00 Lock and shop program

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KELLY ZITLOW, NMLS 164330
Sr. Mortgage Advisor
EVP, Sales & Marketing
[email protected]
www.kellyzitlowgroup.com
480.725.0150

Kelly Zitlow is a Public Speaker, Sr. Mortgage Advisor & EVP of Sales & Marketing with Cornerstone Home Lending, a Division of Cornerstone Capital Bank, SSB. All information presented is for educational purposes only and is used to help you as the viewer in your home buying or selling process.

Cornerstone Home Lending, a Division of Cornerstone Capital Bank, SSB. Cornerstone Capital Bank, SSB. Member FDIC. NMLS ID# 2258 | Equal Housing Lender 14635 | N Kierland Blvd Ste 140, Scottsdale, AZ 85254

#ratelock #interestrate #mortgage