What If Mortgage Rates Drop After I Lock My Loan?

This week rates dropped to all time record lows around 3% for 30-year fixed loans and below 3% for 15-year fixed loans. It's a refinance frenzy for homeowners and a super lucky break for home buyers as spring buying season begins. But what if mortgage rates drop more after you lock your rate? Let's answer this and a few other mortgage questions everyone's asking right now. ...(read more)

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