EPISODE · Feb 4, 2025 · 9 MIN
When should you lock your mortgage rate?
from Chris Arslan Productions · host Chris Arslan
Welcome back to my series on, "How to buy a home in the 21st century?" My step by step guide on how to buy a house in this crazy market. If you have any questions or topics you'd like me to cover, please leave a comment below. On this week’s episode, we dive deep into how to shop mortgage rates and when you should lock your rate. 0:01 Intro 0:14 When should you lock your rate on a mortgage? 0:37 What does locking a rate mean? 1:47 What does it mean to shop rates? 2:23 Getting a pre-approval officer 2:40 Stats about shopping rates 3:40 Loan summary 4:20 Floating your rate 5:01 Running the numbers for a mortgage
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When should you lock your mortgage rate?
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