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Current Selection:	All Prices	All Types	All Locations	New Selection	Sorted By: Default	New Sort
<Back to Page			Property 55 of 171 Selections

Feature Home - The Camden

$285,990

Front View

Address: 06 Shoreline Dr	City/ST: Millsbori, DE	Zip Code: 19966
Location: Stonewater Creek	Property Type: Single Family Home	New or Resale: New
Square Footage: 0	Bedrooms: 3	Bathrooms: 3
MLS# 5596893

To Be Built. The Camden is an attractive house with 3 bedrooms, a game room, 3 full bathrooms, a 2-car garage, great room at the rear of the house, kitchen and breakfast room, separate formal living and dining rooms, and a walk-in closet in the master bedroom.

Last Updated: 9/29/2009 12:06:43 PM

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Interest Rates >Locking in Loan Rates

It is important for both new homebuyers and homeowners who want to refinance to understand how to lock in an interest rate when applying for a mortgage loan. Understanding how rate locks work prepares you to evaluate your options.

While you are in the process of applying for your mortgage loan, interest rates will most likely fluctuate from day to day and week to week. If you want assurance that the wonderfully low interest rate on your loan will not increase while you are waiting for loan approval, ask for a rate lock. A conventional rate lock is a guarantee from the lender that your mortgage will carry a particular interest rate, with specific, predetermined points and fees.

The interest rate is "locked in" for a specified period of time, usually thirty days. When you call a lender for a rate quote, ask how long that rate will last for. If you think you might need more than thirty days to complete your home purchase or refinance, tell your lender how many days you will require, and they will give you an adjusted rate quote.

Rate locks are especially useful if interest rates are on the upswing, and you are concerned about ending up with higher monthly payments. If you cannot afford the risk of a further interest rate increase, lock in your loan rate now.

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Q	What is the earliest residential building that remains in Manhattan?
A	Fraunces Tavern, built in 1719, is where George Washington delivered his Farewell Address to his officers in 1783.
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Main Street Team, REALTOR�, real estate agent and broker for Middletown, Dover and Smyrna, Delaware home listings, property and land for sale - NUMBER1EXPERT

Main Street Team
Keller Williams Real Estate
111 W. Main Street
Middletown, DE 19709
302-285-0600
Fax: 302-285-0599
henryeckhardt@NUMBER1EXPERT.com
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