What is the difference between a rate lock and a float-down?

Related FAQs

What is an adjustable rate mortgage (ARM) adjustment period?
What is the process for applying for a mortgage?
What are the risks of taking out a mortgage?
What factors determine the mortgage rate?
What is a VA mortgage?
What are the benefits of a mortgage?
What is an adjustable rate mortgage cap?
What is a home equity loan?
How does a lender decide whether to approve my mortgage application?
What is the difference between a home equity loan and a refinance?

Related Blog Posts

What Home Owners Need to Know About Mortgage Law - July 31, 2023
The Basics of Mortgage Law: A Comprehensive Guide - August 7, 2023
Understanding Prepayment Penalties and Mortgage Law - August 14, 2023
Securing Your Mortgage Loan: Key Considerations Around Mortgage Law - August 21, 2023
Refinancing Your Home Loan: What Mortgage Law Protects You - August 28, 2023