Treasurer's Office

FRB:A Consumer's Guide to Mortgage Lock-Ins
Apr 28, 2005 . However, a locked-in rate could also prevent you from taking advantage of price decreases, unless your lender is willing to lock in a lower rate .
http://www.federalreserve.gov/pubs/lockins/default.htm

Payment of Taxes through a Mortgage Company

How to Lock in a Mortgage Rate: 8 steps - wikiHow
Jun 4, 2011 . How to Lock in a Mortgage Rate. OK. You've spent weeks, maybe months shopping around for a mortgage--filling out forms on the internet, .
http://www.wikihow.com/Lock-in-a-Mortgage-Rate

Mortgage Tip : Use "Rate Locks" To Get A Lower Mortgage Rate ...
Jun 27, 2011 . Learn how to use mortgage rate locks for gain. Choose a better rate lock, get a better mortgage rate.
http://themortgagereports.com/2559/rate-lock-lower-mortgage-rates

Property Tax Due Dates

Mortgage Rate Locks: How They Work | Nolo.com
When considering a mortgage rate lock-in, negotiate the terms and time . If interest rates fall during the lock period, you can't take advantage of the lower rate .
http://www.nolo.com/legal-encyclopedia/how-mortgage-rate-locks-work-30054.html

What does it mean to Lock my rate? - Choice Finance® mortgage
You can not close a mortgage loan without locking in an interest rate. There are four . In most cases you will not get a lower rate if rates drop. In some cases .
http://www.choicefinance.net/faq/mortgage-rate-lock.htm

Summer Property Tax Deferments

What Is a Float-Down? - Mortgage Professor
A float-down provides the same upside protection as a rate lock, plus an option to reduce the rate if market rates decline. Like a rate lock, a float-down is an .
http://www.mtgprofessor.com/A%20-%20Locking%20the%20Loan/what_is_a_float-down.htm

Treasurer's Office

When Your Mortgage Rate Lock Expires
Find out what options you have when you apply for a refinance but your rate lock expires before you close.
http://www.totalmortgage.com/home-refinance/lower-mortgage-payment/what-to-do-when-your-mortgage-rate-lock-expires.asp


Melvindale, MI 48122

How To Lock A Mortgage Rate | Bankrate.com
Feb 1, 2012 . When locking a mortgage rate, don't concentrate on the media frenzy or cocktail conversations on whose rate is lower. Focus on the estimated .
http://www.bankrate.com/finance/mortgages/how-to-lock-mortgage-rate.aspx

After Hours Payments

Mortgage Interest Rate Lock-Ins, Rate Commitment from Lender ...
Helpful guide to mortgage interest rate lock-ins, and rate commitment from lenders: . is willing to lock in a lower rate that becomes available during this period.
http://www.mortgagesfinancingandcredit.org/mortgages/rate-lock-ins/rate-lock-commitment1.htm

Municipal Offices

can mortgage rate be re-locked? (loan officer, credit card, fees ...
Jan 23, 2008 . Hello I locked in my mortgage rate with Shea mortgage 2 weeks ago at 5.625% my closing is Feb 21 The rates are lower now. Is there a way I .
http://www.city-data.com/forum/mortgages/240255-can-mortgage-rate-re-locked-loan.html


Melvindale, MI 48122

If your mortgage rate lock expires,do you have to wait a specific time ...
Jan 23, 2009 . If your mortgage rate lock expires,do you have to wait a specific time period . some banks will not allow you to relock at a lower rate for 60 days .
http://www.trulia.com/voices/Financing/If_your_mortgage_rate_lock_expires_do_you_have_to_-82825


Does It Make Sense to Lock In a Mortgage Rate? - SmartMoney.com
Aug 5, 2009 . We weigh the pros and cons of a locking in a mortgage in today's market. . Even if the lock-in rate is lower than rates four months from now, the .
http://www.smartmoney.com/spend/real-estate/does-it-make-sense-to-lock-in-a-mortgage-rate/



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Mortgage Rate Lock Deposit Definition | Investopedia
A mortgage rate lock with the option to reduce the locked interest rate if market interest rates fall during the lock period. A rate lock with a float-down option can .
http://www.investopedia.com/terms/m/mortgage_rate_lock_deposit.asp


Rates are Lower than My Rate Lock - Q&A - Mortgage News Daily
If my rate has been locked but the house is not yet closed, and the mortgage rate is less than before (when it was locked), can the lender change the rates .
http://qna.mortgagenewsdaily.com/questions/rates-are-lower-than-my-rate-lock



mortgage rate loss extension