Определение lock-in в Английский Язык Английский Язык словарь
A situation in which members of an industry have agreed to adopt a certain standard and have retooled their production to meet this standard, thus making it very costly to change to a different standard
An illegal but widely-tolerated invitation-only gathering in a British pub or ale-house, after the end of licensing hours, to allow regular customers the opportunity to enjoy further drinking time
An agreement between buyer and lender for a specified period of time in which lender will hold a specific interest rate, loan fee and discount points This is the opposite of a float see Float
An agreement by the lender at the time of mortgage application or shortly thereafter, to write the mortgage at a specific interest rate, whether rates rise or fall up to the date of closing Obviously a good move if rates are rising, not so good if they are falling Lock-ins have specific expiration dates, such as 30, 60 or 90 days in the future
An agreement in which the lender guarantees a specified interest rate for a certain amount of time at a certain cost
a guaranteed specified interest rate to the borrower provided that the loan is paid within a period of time You might end up paying higher interest rate to obtain a lock-in
A written agreement guaranteeing the home buyer a specified interest rate provided the loan is closed with that buyer within a set period of time The lock-in also specifies the points to be paid at closing as well
A guarantee - for which you are usually charged a fee - that you will receive a specific rate when you close your mortgage BACK TO TOP
A written agreement in which the lender guarantees a specified interest rate if a mortgage goes to closing within a set period of time The lock-in also usually specifies the number of points to be paid at closing
A mortgage lender's written commitment to guarantee a specified interest rate to the mortgage borrower provided that the loan is closed within a set period of time
A written agreement guaranteeing the home buyer a specified interest rate provided the loan is closed within a set period of time The lock-in also usually specifies the number of points to be paid at closing
Written agreement in which a lender guarantees a specific interest rate if a loan closes within a set period of time The lock-in may also specify the number of points to be paid at closing Also called a rate lock, or rate commitment
A written agreement in which the lender guarantees a specified interest rate if a mortgage closes within a set period of time The lock-in also usually specifies the number of points to be paid at closing See rate lock
The process by which a lender commits to lend at a particular rate as long as the mortgage transaction closes within a specified time period The document which specifies the terms of the lock-in is called a rate commitment or lock-in agreement
The guarantee of a specific interest rate and/or points for a specific period of time Some lenders will charge a fee for locking in an interest rate
A written agreement between the buyer and the lender specifying the interest rate on a loan, provided the loan is closed within a predetermined time period (usually 60 or 90 days)
refers to a written agreement guaranteeing a home buyer a specific interest rate on a home loan provided that the loan is closed within a certain period of time, such as 60 or 90 days Often the agreement also specifies the number of points to be paid at closing
Also called a rate lock, A lock-in is commitment by a lender to make a loan at a guaranteed interest rate for a specific period of time Also known as rate lock A lock-in protects the borrower against interest rate increases and shifts the risk of changes in market interest rates to the lender
A written agreement guaranteeing the homebuyer a specified interest rate provided the loan is closed within a set period of time The lock-in also usually specifies the number of points to be paid at closing
since interest rates can change frequently, many lenders offer an interest rate lock-in that guarantees a specific interest rate if the loan is closed within a specific time
A written agreement in which the lender guarantees a specified interest rate if a mortgage goes to closing within a set period of time
- The guarantee of a specific interest rate and/or points for a specific period of time Some lenders will charge a fee for locking in an interest rate
A written agreement guaranteeing the homebuyer a specified interest rate provided the loan is closed within a set period of time
Used in the context of general equities Assures that an individual contracts all his or her business with a sole broker by providing superior services, such as accommodating block buy and sell needs or preparing excellent research (soft dollar lock) This usually guarantees a certain volume of business
A period of time during which a potential borrower and a lender have agreed to a specific interest rate M Maintenance Fee A monthly assessment paid by members of a homeowners' association for repair and maintenance of common areas
If you lock someone in, you put them in a room and lock the door so that they cannot get out. Manda cried out that Mr Hoelt had no right to lock her in
place in a place where something cannot be removed or someone cannot escape; "The parents locked her daughter up for the weekend"; "She locked her jewels in the safe"
Prior to closing, allows the borrower to be assured a given rate of interest for a mortgage This usually involves paying a fee to the lender Mortgage rates not "locked in" are subject to changing market conditions
Guarantee of a given interest rate Generally most locks are from 30 to 45 days If you lock your rate, you are protected from a spike in the interest rates Under some conditions, if you lock and the rates drop, the better rate can be obtained
Allows the borrower to be assured a given rate of interest for a mortgage This usually involves paying a fee to the lender Mortgage rates not "locked in" are subject to changing market conditions