Treasurer's Office
What Is a Float-Down? - Mortgage Professor
Like a rate lock, a float-down is an option that can be attached to any kind of mortgage. Since it carries more value to the borrower than a lock, however, and is .
http://www.mtgprofessor.com/A%20-%20Locking%20the%20Loan/what_is_a_float-down.htm
Payment of Taxes through a Mortgage Company
Rate locks and how they work
Jan 23, 2002 . A float-down rate lock agreement is a heads-I-win, tails-you-lose approach to locking in mortgage interest rates and would have solved your .
http://www.bankrate.com/brm/news/DrDon/20020123a.asp
Mortgage Rate Lock Float Down Definition | Investopedia
Mortgage Rate Lock Float Down - Definition of Mortgage Rate Lock Float Down on Investopedia - A mortgage rate lock with the option to reduce the locked .
http://www.investopedia.com/terms/m/mortgage_rate_lock_float_down.asp
Property Tax Due Dates
Got A Good Mortgage Rate? Lock It Up!
Jan 18, 2008 . Some lenders offer a mortgage rate lock float down, which enables borrowers to make a one-time election to exchange their current rate for a .
http://www.investopedia.com/articles/pf/08/lock-mortgage-rate.asp
Mortgage Rate Locks: How They Work | Nolo.com
When considering a mortgage rate lock-in, negotiate the terms and time . When you include a float down option in your rate lock, the lender must give you the .
http://www.nolo.com/legal-encyclopedia/how-mortgage-rate-locks-work-30054.html
Summer Property Tax Deferments
Winning the Interest Rate Lock-In Game in 2011
Learn how to lock in the lowest mortgage interest rate when buying or . float between application and closing, or to choose some type of "float-down" program .
http://www.mortgagealmanac.com/articles/97-winningratelockgame.html
Treasurer's Office
What does it mean to Lock my rate? | float down
The longer the length of the lock, the higher the points or the interest rate. This is because the longer the lock, the greater the risk for the lender offering that lock.
http://www.choicefinance.net/faq/mortgage-rate-lock.htm
Melvindale, MI 48122
Free Mortgage Rate Float Down
Interest Rates Free Mortgage Rate Float Down. Does this mortgage scenario worry you? You lock in the interest rate on your new mortgage and apply for your .
http://www.namethatvalue.com/mortgages/floatdown.htm
After Hours Payments
Mortgage Rate Lock Float Down Definition & Example ...
We explain the definition of Mortgage Rate Lock Float Down, provide a clear example of how it works and explain why it's an important concept in business, .
http://www.investinganswers.com/financial-dictionary/real-estate/mortgage-rate-lock-float-down-3769