What Should I Know About Interest Rates and Locking in a Rate?

Next in our Homebuyer Series: “What Should I Know About Interest Rates and Locking in a Rate?”

Rates can change daily—and locking in the right one could save you thousands. In this video, Derek and Tim Griffin at Prosperity Home Mortgage break down when and why to lock in a rate, what a float-down option is, and how to make the best decision for your budget.

If you’re thinking about buying, this is a must-watch.