|
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 949-456-9777 or click the “call me now” button below.
|

Free city maps for most cities in Orange County I have most of the city maps for South Orange County and will be happy to send one to you. Find Out More > View All Offers >
|
Compare three mortgages at one time.
Download TripleCalc now. It's free.
|
Frances Hicks is one of The Top
Selling Real Estate Experts Find Out More > |
|
|
 |
Things To Do In Ladera Ranch, Laguna Niguel and Mission Viejo!
|
Things To Do |
|
Music |
Art |
|
|
|
|
Dance |
Theatre/Performing Arts Centers |
|
|
|
|
Sports |
Shopping Centers & Malls |
|
|
|
|
For
Kids |
For
Pets |
|
|
|
Guides to Local Dining |
Recreation/Parks |
|
|
|
Special Local Attractions |
|
|
|
Request my Free Ladera Ranch, Laguna Niguel and Mission Viejo Relocation Package. It's packed full of useful and important information about the Ladera Ranch, Laguna Niguel and Mission Viejo, California area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out... 
 |
Interest Rates >Locking in Loan Rates
It is important for both new homebuyers and homeowners who want to refinance to understand how to lock in an interest rate when applying for a mortgage loan. Understanding how rate locks work prepares you to evaluate your options.
While you are in the process of applying for your mortgage loan, interest rates will most likely fluctuate from day to day and week to week. If you want assurance that the wonderfully low interest rate on your loan will not increase while you are waiting for loan approval, ask for a rate lock. A conventional rate lock is a guarantee from the lender that your mortgage will carry a particular interest rate, with specific, predetermined points and fees.
The interest rate is "locked in" for a specified period of time, usually thirty days. When you call a lender for a rate quote, ask how long that rate will last for. If you think you might need more than thirty days to complete your home purchase or refinance, tell your lender how many days you will require, and they will give you an adjusted rate quote.
Rate locks are especially useful if interest rates are on the upswing, and you are concerned about ending up with higher monthly payments. If you cannot afford the risk of a further interest rate increase, lock in your loan rate now.
|
 |
| Q |
What famous American building was originally built in 1792, burned and rebuilt 1814-1818 and restored in 1952?
|
| A |
The White House in Washington, D.C., modeled after an Irish palace, is a sumptuous example of post-colonial architecture. |
See More Real Estate Trivia > |
|
|

Heather Millspaugh- Home Mortgage Consultant Looking for a local, experienced and professional mortgage specialist? Find Out More >
|
|
|