Smart Rate Tool

Here are some important things to know in order to be an effective mortgage shopper:

  1. Most lenders allow a customer to "lock the rate" only after an agreement to purchase has been signed by the buyer and seller.
  2. Interest rates and closing costs are directly related and change on a daily basis.
  3. It's important to know which fees the lender controls and is charging you in order for you to accurately determine who is able to provide the best offer. The following form allows you to calculate those charges.