Friday, April 14, 2006

Mortgage Rate Lock-In Can Shelter You From a Surprise at Settlement -- But Get It in Writing

Q: We signed a contract to purchase our first home last week, and settlement is scheduled for mid-May. Before the contract was signed, we shopped around for the best mortgage. After the real estate contract was signed, we immediately contacted the lender we had selected and made a formal application. (Read More)

Source: Washington Post

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