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interest rates keep going up and up and we see them change every day and sometimes multiple times a day so how do you know if it's a good time to lock your interest rate well in this video i'm going to walk you through what locking your interest rate actually is and then i'm going to give you some tips or some things to ask your lender about so that you know it's a good time to lock your rate so let's jump into it hey what's up guys i'm ben sund if you've been here before welcome back if this is your first time welcome for the first time i don't just talk about raising interest rates i also talk about things like personal finance investing in real estate so if those interest you please hit that big red subscribe button all right so let me first briefly explain what locking your interest rate is generally speaking when you're going to get a mortgage you're going to get a 15 20 or 30 year fixed interest rate mortgage the fixed rate means that it won't change for the life of the loan but...