Rock Mortgage Announces May Lock in Mortgage Rates in 2022

“Rock Mortgage is a renowned mortgage broker located in Houston, TX. The company’s mission is to guide homebuyers through the mortgage process with as little stress as possible to ensure they find the home they’ve always dreamed of.

The company has developed a unique Lock & Shop program that allows borrowers to lock in their rate for up to 60 days before finding accommodation.

Houston, TX – Rock Mortgage is pleased to announce that it is doing everything possible to support homebuyers during these uncertain times by locking in mortgage rates – even before a buyer finds a property.

Rock Mortgage is a renowned mortgage broker located in Houston, Texas. The company’s mission is to guide homebuyers through the mortgage process with as little stress as possible to ensure they find the home they’ve always dreamed of. Boasting a remarkable 97.7% recommend rating from over 150 reviews, Rock Mortgage is dedicated to putting customers first at all times, making it one of the most sought-after mortgage brokers in the world. region.

Last we heard from the company, Rock Mortgage has developed an innovative program, Lock & Shop, which will allow a qualified borrower (conventional and VA loans only) to lock in their rate for up to 60 days before finding a home. Through this program, homebuyers can be prequalified and lock in their rates the same day, giving them 2 months to find their dream home worry-free.

“Right now, inflation is high, and ultimately interest rates are too,” says Mike Ogg, senior partner at Rock Mortgage. “The current supply chain problem has driven up prices on just about everything we buy or consume; if the government manages to get the supply chain problem under control, rates will stabilize again. Last week, for example, the 30-year average rate was slightly lower at 3.40%* nationally, and it opened this week at 3.56%*. Most of the experts I’ve followed for years believe we’ll end 2022 with rates below 4, but that’s just an educated guess.

“With such an uncertain market, we knew we had to do something to help,” Ogg continues. “With our Lock & Shop program, our customers won’t have to worry about prices when they’re finally ready to buy. Not only that, but if rates drop by at least 0.25%, we will allow homebuyers to “drop” their rate once it has been fully underwritten and the appraisal has been completed. It really is the best program on the market, and we are very honored to offer it to our customers.

For more information about Rock Mortgage and its Lock & Shop program, please visit https://www.rockmtg.com/.

*bankrate.com was used to reference average rates as of 01/19/2022

About Rock Mortgage

Located in sunny Houston, Texas, Rock Mortgage is one of the state’s leading mortgage brokers. The company is widely known for its customer-focused approach, on-time closings, constant communication and innovative customer support programs.

Rock Mortgage is led by senior partners Eduardo Adame and Michael Ogg and offers a variety of loan programs including Jumbo Loans, FHA Loans, VA Loans and Texas Cash Out Loans.

More info: https://www.rockmtg.com/

Media Contact
Company Name: Rock Mortgage
Contact: Mike Ogg
E-mail: Send an email
Call: 832-230-3067
Address:14340 Memorial Dr #400
City: Houston
State: Texas
Country: United States
Website: https://www.rockmtg.com/

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