Hutchinson, KS News
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Hutchinson News
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Local news for Hutchinson, KS continually updated from thousands of sources on the web. |
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Armenian Bar, Trayvon Details, Virginia, Mary Kennedy
Underwear designer Andrew Christian has a potentially NSFW video to sell his wares, though I guarantee you'll be looking at more than just undies.
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New Charges Against Hutchinson Homicide Suspect
A judge on Tuesday granted a request by the Reno County district attorney to file a new charge of aggravated intimidation against Charles Christopher Logsdon.
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New charges against Hutchinson homicide suspect
HUTCHINSON, Kan. - Prosecutors have added another charge against a 32-year-old man accused of killing a Hutchinson woman in June 2011.
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Special delivery
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Taft-signed bill raises pensions for US soldiers
Inappropriate comments include those which: * are libelous or defamatory * are obscene, pornographic or sexually explicit; substituting characters for letters is not acceptable * degrade others on basis of race, gender, class, ethnicity, national origin, religion, sexual orientation, disability or other classification * are predatory, hateful or ... (more)
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Contact Information
Hutchinson Real Estate
Office: 800-339-8841 Cell: 800-339-8841
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the value of mortgage lock-ins |
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What is the value of a mortgage lock-in?
Locking in a mortgage rate with a lender is one way to ensure that same rate still will be available when you need it.
Lock-ins make sense when borrowers expect rates to rise during the next 30 to 60 days, which is the usual length of time lock-ins are available.
A lock-in given at the time of application is useful because it may take the lender several weeks or longer to prepare a loan application (though automated loan practices are cutting this time dramatically).
However, some lenders require borrowers to pay lock-in fees to assure
particular rates and terms. Be sure to check that the rates and points
are guaranteed and that your lock-in period is long enough. If your
lock-in expires, most lenders will offer the loan based on the
prevailing interest rate and points.
Lenders may have preprinted forms that set out the exact terms of the
lock-in agreement. Others may only make an oral lock-in promise on the
telephone or at the time of application.
Resources:
* "A Consumer's Guide to Mortgage Lock-Ins," published by the Federal
Reserve Board and Office of Thrift Supervision, Washington, D.C.
Questions about Hutchinson Kansas Real Estate?
Ask us below or Call us Now at 800-339-8841
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Last Updated ( Tuesday, 29 July 2008 )
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