What Is A Mortgage Rate Lock Anyway?

Laptop with homes and an arrow implying rising interest rates.

There’s no doubt interest rates are on the rise and show no signs of slowing down! The unpredictability of the market can cause some buyers to feel frozen and refrain from making offers. However, taking advantage of low-interest rates and locking them in with programs like Fairway Mortgage’s Lock, Shop, and Go lets you freeze…

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