Master Mortgage Rate Lock vs Float Secrets Today

Unlock the secrets of mortgage rate locks and floats today, and discover how strategic timing and informed choices can save you thousands, as you browse options and follow the best strategies for your financial future.

Understanding Mortgage Rate Locks and Floats

When you're in the market for a mortgage, one of the most critical decisions you'll face is whether to lock in your interest rate or let it float. A rate lock guarantees your interest rate for a set period, typically ranging from 30 to 60 days, protecting you from rate increases during that time.