When should I lock in my mortgage rates? (and how to make the decision)

Published: April 23, 2018, 5:52 p.m.

Are you on a variable rate mortgage? Wondering when's the best time to lock in? In this episode, we discuss when should you lock in your mortgage rates and what are some key items to look at (i.e. prime rate) before making the decision. We also look at if you can lock your mortgage rate at any time or if you need to get a new mortgage.    Prefer to watch the video or read and take notes? See the transcript: http://stories.brookfieldresidential.com/homebuyersschool/when-should-i-lock-in-my-mortgage-rates    We discuss the following items:  When to lock in your mortgage rates How the prime rate affects your decision Can you lock in your rate at any time or do you have to get a new mortgage?    Have any questions or show topic suggestions? Contact us: Email: live.calgary@askbrookfield.com live.edmonton@askbrookfield.com Web: homebuyersschool.ca