Mortgage Blog

Be careful with the rate locks
August 4th, 2011 9:43 AM

Whenever the rate drops, we will have the common
problems of pipeline management. So the lender
will have lots of the loans in the system, and
we will have to lock longer term for the loans.

Please ask your agent to lock 30 to 45 days
for future loans, I assume the volme will pick
up in the next a few days/weeks.

Posted in:General
Posted by Eric Fang on August 4th, 2011 9:43 AMPost a Comment

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