Welcome back to my series on, "How to buy a home in the 21st century?" My step by step guide on how to buy a house in this crazy market. If you have any questions or topics you'd like me to cover, please leave a comment below.
On this week’s episode, we dive deep into how to shop mortgage rates and when you should lock your rate.
0:01 Intro
0:14 When should you lock your rate on a mortgage?
0:37 What does locking a rate mean?
1:47 What does it mean to shop rates?
2:23 Getting a pre-approval officer
2:40 Stats about shopping rates
3:40 Loan summary
4:20 Floating your rate
5:01 Running the numbers for a mortgage
