WHAT DOES THE RATELOCK OFFER?
Posted on September 24th, 2012 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
The advantage of a ratelock is that it gives you the option to ‘lock in’ a fixed home loan interest rate for a period — typically up to 60 days — to protect you against interest rate increases. To enter a ratelock agreement you will need to have a confirmed settlement date, the exact loan […]
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