Mohit Grover

mortgage calculator

How a Mortgage Pre-Approval Can Protect You from Rising Rates

Rising interest rates make mortgage pre-approvals much more relevant and meaningful. Not only does a mortgage pre-approval give you the lender’s estimate of your borrowing power, but it also offers you an interest rate hold for up to 120 days in many cases. In times of steady or declining rates, you barely pay attention to your pre-approval …

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