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  2. Mortgage rate locks: What they are, how they work — and why ...

    www.aol.com/finance/what-is-mortgage-rate-lock...

    If borrower rates decrease during your rate lock period, you can "float down" to the lower interest rate. This feature usually comes with a fee that can range from 0.25% to 1% of your mortgage ...

  3. Mortgage rate lock: What it is and when you should use one - AOL

    www.aol.com/finance/mortgage-rate-lock-one...

    Consider if you lock in a 6.74 percent rate on a 30-year loan for $300,000. At this rate, you’d pay $400,408 in total interest. Now, let’s say you don’t lock your rate and rates rise to 6.99 ...

  4. Mortgage and refinance rates for Jan. 8, 2025: Rates for 30 ...

    www.aol.com/finance/mortgage-and-refinance-rates...

    The current average interest rate for a 30-year fixed mortgage is 7.02% for purchase and 7.05% for refinance — up 2 basis points from 7.00% for purchase and no change from 7.05% for refinance ...

  5. Refinance rates for Thursday, January 2, 2025 - AOL

    www.aol.com/finance/mortgage-and-refinance-rates...

    The current average rate for a 30-year fixed mortgage is 6.99% for purchase and 7.01% for refinance — down 2 basis points from 7.01% for purchase and 4 basis points from 7.05% for refinance last ...

  6. Mortgage and refinance rates for Dec. 19, 2024: Average 30 ...

    www.aol.com/finance/mortgage-and-refinance-rates...

    The current average rate for a 30-year fixed mortgage is 6.84% for purchase and 6.85% for refinance — up 11 basis points from 6.73% for purchase and 9 basis points from 6.76% for refinance last ...

  7. Mortgage interest rates for today March 6, 2024: Rates drop ...

    www.aol.com/finance/mortgage-interest-rates-for...

    There are drops for 30-year mortgage terms again today. Both purchase and refinance rates with a 30-year fixed term dropped to 7.21%. That is 15 basis points lower than this time last week for a ...

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