Welcome to the Ask Kate Mortgage Rate Lock question and answer center. I'm Kate, author and publisher of this website. I will be your mortgage rate lock guide. Let's get started by looking at questions I've been asked about locking interest rates
Continue down this page with the mortgage rate lock Q and A to discover what other Readers ask, answered with my online mortgage advice.
Believe me! You won't want to miss what comes next! Nothing draws as much excitement and emotion as the pros and cons of breaking mortgage rate locks. Learn what others think, feel and hope for when it comes to locking rates.
You can also go straight to Ask Kate to ask a question or share your views on any subject related to mortgages.
Tip: Ask Kate is where you discover you are not alone when it comes to questions about mortgage rate locks.
Refundable Mortgage Lock In Fee - Since the bank canceled my mortgage due to mold being discovered, do I have a shot at recovering my rate lock fees?
Mortgage Rate Lock Cancellation Fees - For a powerful home loan company to never complete a loan process yet charge fees to a mortgage borrower, well, that is disheartening.
Break A Residential Construction Loan Interest Rate Lock - Now that the market has trended down, I asked about a mortgage rate float-down and they stone walled.
Interest Rate Lock In Agreement Problem - We were supposed to close in a couple of days and got the dreaded call that closing was going to be delayed because they adjusted our mortgage rate.
Interest Rate Locked - I have a signed interest rate disclosure document. Now I have to pay points because the appraised value is lower. Can the bank do that?
Interest Rate Lock And Mortgage Information - Kate, Is the worse case scenario about rates true? Are there other options without re-locking the rate?
Ask Kate, Should I lock in my FHA loan at 5.75 percent? - My wife and I do not want to get stuck with a mortgage rate even higher than...
Deposits For Mortgage Lock-Ins - If I cancel my mortgage application, is the lender required to refund my lock-in fees?
APR Explained - What is the difference between the locked mortgage rate and effective APR?
Truth in Lending Act - Do I pay a fee for breaking a mortgage rate lock?
Mortgage Rate Locks Delayed - Is it legal for mortgage rate locks to be delayed?
Lowering Your Mortgage Payment - Oh No! My rates went up!
Unlocking mortgage rate locks - Is it possible to unlock an interest rate?
Lock or float my interest rate? - They're also offering 1.5% discount on home price and $2500 off closing costs...
Mortgage rate lock and avoiding hidden fees - When we were at closing we were hit with 4.5% and 1 point. Is this legal?
Locking In Mortgage Rates Ask Kate: We thought we were closing our loan at 6% but 8 months later I realize it's locked in at 6.5%.
Mortgage Rate Lock In Writing - He did not lock my loan because he felt confident rates would not change. Now he is refusing...
Rate Lock and Mortgage Refinance Problems - I know it was a verbal lock in over the phone but...
Locking Mortgage Rates - I just received the documentation from the lender and to my surprise the rate lock fee is $2,050.
To Lock An Interest Rate Or Not - Or should I lock since the current mortgage rates are so low...
Mortgage Rate Locks Ask Kate: How do interest rate locks work?
Timing Mortgage Rate Lock - Meaning, should I go ahead and lock in now, or wait?
Mortgage Rates And Refinancing - I only wish I had read your website prior to...
How To Lock A Mortgage Rate Ask Kate: Do I have to have a contract in order to lock a rate?
Refinancing And Mortgage Interest Rate Lock Deposit - I wonder when should I lock in a rate?
Need Refinancing Advice-Break Mortgage Rate Lock Ask Kate: Could we be responsible for other fees as well?
Refinancing Advice Needed For Mortgage Rate Lock - Can we take advantage of this latest federal fix?
Refinancing Advice For Ethics and Breaking Locks Ask Kate: Is it unethical to cancel and reapply for lower rates?
Refinancing My Mortgage - I want to lock mortgage rates at more than one bank. Now what?
Tip: Here is where you will find the views of other homeowners regarding mortgage rate locks.
Break Mortgage Rate Lock Or Not - Breaking a lock is a tough question considering the present market conditions...
Upfront Mortgage Rate Lock Talk - If my broker was unwilling to re-negotiate my interest rate...
Mortgage Rate Lock Ethics And Penalties - Assume if you switch lenders your broker will be penalized, then what?
Refinancing And Mortgage Rate Lock - It may not be the most ethical, but I would have to refinance at the lower rate.
Lowest Mortgage Rate Lock - My financial security is more important to me than the broker losing the deal.
Switch Mortgage Rate Lock or Not - What goes around comes around and in the end doing something like this is liable to come back and bite you back.
Buying A House And Locking Interest Rates - I don't want to know if rates went any lower.
Refinancing And Mortgage Rate Lock Advice - I generally avoid conflict so I'd be unlikely to "betray" a mortgage lender.
Mortgage Rate Refinancing Advice - Instead of negotiating a new rate, we re-locked at a lower rate.
Mortgage Rate Refinance Story - Lock in these low mortgage rates because in my opinion they will not last much longer.
Note: The FHA and VA question and answer collection has moved. Please go here for the VA and FHA Loan Requirements Q and A where you'll find what Readers just like you are asking in addition to my helpful solutions.
Help For Homeowners - I find it amazing that more people don't do the homework or the due diligence before seeking a home loan.
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