Discover how drop lock bonds combine floating and fixed-rate features, providing security against interest rate changes and a guaranteed minimum return for investors.

This post originally appeared on The Basis Point: What If Mortgage Rates Drop After I Lock My Loan? This week rates dropped to all time record lows around 3% for 30-year fixed loans and below 3% for ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. In the days leading up to the Fed's announcement, the average mortgage ...