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In this video tutorial, the speaker discusses the importance of knowing when to lock your interest rate as they tend to fluctuate daily. They explain that locking your rate means securing a fixed interest rate for the duration of your mortgage, typically 15, 20, or 30 years. They provide tips on what to ask your lender to determine the right time to lock your rate. The speaker also mentions that they cover topics beyond interest rates, such as personal finance and real estate.