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    Aside from taking out an Adjustable Rate Mortgage that comes with an introductory teaser rate, very few lenders guarantee anything with their interest rate quotes. Instead, your interest rate is set by the lender at the time you close, unless you lock the rate before that day. If you decide to lock in your interest rate it helps to know when, how, and if you should lock, along with whether or not you should pay to lock in your interest rate.

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    very few lenders guarantee anything with their interest rate quotes. Instead, your interest rate is set by the lender at the time you close, unless you lock the rate before that day. If you decide to lock in your interest rate it helps to know when, how, and if you should lock, along with whether or not you should pay to lock in your interest rate.

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    te is set by the lender at the time you close, unless you lock the rate before that day. If you decide to lock in your interest rate it helps to know when, how, and if you should lock, along with whether or not you should pay to lock in your interest rate.

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    decide to lock in your interest rate it helps to know when, how, and if you should lock, along with whether or not you should pay to lock in your interest rate.

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    with whether or not you should pay to lock in your interest rate.

    When Can You Lock Your Mortgage Rate?

    Typically you can lock in your interest rate on the date of your loan approval, possibly even as early as your application date. You have the option of waiting a day or two before your closing date.

    How Long Should You Lock?

    Mortgage rate lock periods last from 10 to 90 days; it is possible to secure a longer lo

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