Homebuyers Can Lock a Rate for 150 Days Ahead of a Sales Contract

October 14, 2022

Orange County Register, Oct. 13, 2022–Jeff Lazerson
As mortgage rates rise to nearly 7% this week. Home shoppers desperate to somehow keep payment affordability within reach will be relieved to know mortgage brokers may be able to offer viable solutions. In industry speak, we call it “lock and shop.” (MBA mention)
https://www.ocregister.com/2022/10/13/homebuyers-can-lock-a-rate-for-150-days-ahead-of-a-sales-contract/