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When purchasing a home or refinancing on a current loan, you will be presented with an opportunity to “lock your interest rate”. From the outside looking in, this step can be a bit confusing and stressful when you don’t fully understand how this process works. In this video, we are going to address this topic and explain how “locking your interest rate” works and how you can be better prepared for when this moment comes in your home financing journey.🏠 In this video we are going to breakdown: ✅What it means to lock your interest rate. ✅The options you have when choosing an interest rate. ✅Scenarios when you may choose a higher or lower interest rate. And… ✅Questions to ask to win in your real estate investment. If you have any questions about what to consider when locking your interest rate, please feel free to reach out and I would be happy to help!🔓 Email your questions to yourrealestateplaybook@gmail.com The Real Estate Playbook’s Mission: Provide homebuyers with "the playbook" to win in the real estate market.🏠 #therealestateplaybook #homeownership #firsttimehomebuyer