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Messina Law Group, P.A. Motto

Category Archives: New Homes

What Is A Rate Lock?

By Messina Law Group, P.A. | Posted on September 23, 2022

[wistia id=”7narn9q97t”] Mortgage rates change constantly through an unpredictable combination of government policies and economic conditions. This video explains the common term ‘rate lock.’ A “Rate Lock” is a guarantee that a lender will honor a specific combination of interest rates and points for a given period of time. A lock protects a buyer… Read More »

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