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$6600 to rate lock mortgage
$6600 to rate lock mortgage My wife and I are closing on a home. We’re sorting out insurance and closing costs and our lender informed us that we have a $6600 fee to lock our mortgage rate at 7.5%. He had told me on different occasions that we would have to lock in our rate soon. I wasn’t aware of the $6600 cost associated with it. Is this normal? Are we being gouged? We b...
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