Lock mortgage rate today
According to data compiled from MBSQuoteline, a provider of real-time mortgage market pricing, mortgage rates are most stable on Mondays, making that day the easiest on which to lock a low rate. • Find out how much locking in your mortgage rate will cost. Lenders often let you lock in the rate for free for 30 to 45 days; however, they might charge a fee, typically .5% of the loan, for locking in for 60 days. • Get your mortgage rate lock in writing. Mortgage rates today, March 2, 2020, plus lock recommendations Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates