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How long is your mortgage rate quote good for? Not long so get ready to move

by Dean Ouellette on November 2, 2009
Written by: Dean Ouellette

Video 33: Rates change quick, just because you got a mortgage rate quote three hours ago does not mean that rate can still be met now. If you get a mortgage rate quote you like, be ready to lock it in. Mortgage rate sheets come out anywhere from 2-to-4 times a day and each sheet means a change in the rates. As Dan Green says, rates go up a lot faster than they come down, so don’t try to time the market. Would love to hear your thoughts, you can leave a comment or e-mail me Dean Ouellette.

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