locked-in interest rate

0.01 sec.

Locked-In Interest Rate

A proposed interest rate on a mortgage loan that a bank agrees not to change unless the loan has not been finalized after a certain period of time. This period of time usually lasts for 60 days.

An agreement by a lender to grant a particular interest rate on a loan that is funded by the expiration date.For consumers,the lock-in is sometimes free,sometimes there is a charge,and sometimes the initial lock-in is free but any extensions will require payment of a fee.On commercial loans,there is almost always a commitment fee for an interest rate lock.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
Locking the Loan rate guarantee refinance			quot;It would be nice if a dozen different lenders were knocking on your door, offering you great locked-in interest rates on long-term home loans, but that''s probably not the case. Real Estate 101 Choosing Your Mortgage by Kinan Beck / Real estate industry community The lease-to-purchase program has been buoyed by a locked-in interest rate of 7. HOME LOAN DEAL HURTING by Daily News (Los Angeles, CA) Debts have been further controlled by locked-in interest rates. 'High-calibre' team has pulled Tom Jones through tough times by Northern Ontario Business			Location-Specific Advantages Locational Arbitrage locational obsolescence Locazione di capitale Locazione finanziaria Lock Lock Commitment Letter Lock In Lock Limit Lock Period Lock, Stock, and Barrel Lock-In Amendment lock-in clause lock-in period Lock-Jumper Lock-Out Lock-Up CD Lock-Up CDs Lock-Up Period lockbox Lockdown Locked In Locked Limit Down Locked Limit Up Locked Market locked-in interest rate Locking the Loan Lockup Agreement Lockup Option Lockup Period Log-Linear Least-Squares Method Logarithmic Scale Logistique la chaine Lognormal Distribution Logo Loi Royer Lombard Credit Lombard Loan Lombard Rate Lombard Street Lome Convention London and New Zealand Futures Association London Bullion Market London Club London Cocoa Terminal Market London Commodity Exchange London Futures and Options Exchange London Gold Pool London Interbank Bid Rate London Interbank Offer Rate London Interbank Offered Rate			locked occlusion locked occlusion locked occlusion locked occlusion Locked On Locked On Locked On Locked On Locked On Locked Open locked oscillator Locked Out Locked Out Locked Out Locked Out Locked Out locked phone Locked Rotor Amperage Locked Rotor Current Locked Rotor Torque locked twins Locked Up Locked Up Locked Up Locked Up Locked Up Locked Up (Remix) locked-coil rope Locked-in Locked-in Income Fund locked-in interest rate Locked-In Interest Rates locked-in line Locked-In Retirement Account Locked-In Retirement Account Locked-In Retirement Fund Locked-In Retirement Income Fund Locked-in Retirement Income Funds Locked-in Retirement Savings Plan Locked-in state Locked-in state Locked-In syndrome Locked-In syndrome Locked-In syndrome Locked-In syndrome Locked-jaw locked-oscillator detector locked-rotor current Locked-Up Trunk Scan locked-wire rope Lockeed Martin Global Telecommunications Locken Locken Locken Locken Locken locker locker locker locker locker

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.