4 min
Locking Interest Rates 101 - Jessica Shanahan with Premier Lending Find Your Place with RE/MAX of Boulder
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- Business
Our very own Duane Duggan sits down with Jessica Shanahan of Premier Lending to discuss the hot topic of locking interest rates. 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?
Our very own Duane Duggan sits down with Jessica Shanahan of Premier Lending to discuss the hot topic of locking interest rates. 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?
4 min