Easily Delete Dropdown to the Interest Rate Lock Agreement

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How to Delete Dropdown to the Interest Rate Lock Agreement

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Todays video is gonna give you a simple VBA solution to the dynamic dependent drop-down list reset problem. Let me explain. If you have a dependent drop-down list like I have right here, in the first list, Im gonna select instead of Productivity, Im gonna select the Game Div. Now notice the value inside my dependent list, the value in the cell doesnt reset. I still see WenCal. Now WenCal here belongs to the productivity division, I should see a value that is under Game Div, but once I activate the list, so when I click here, then I see the correct list. I see Fightrr, Kryptis, which are the apps that belong to the game division. Now again, if I select Fightrr and then I switch to Utility, I still see Fightrr until I click here and then I select an app from this list. In this video, Im gonna show you a quick VBA solution that resets the dependent drop-down list. (percussive music) Now if youre wondering how to create this dependent drop-down list in the first place, I have another

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How do you lock down interest rates?

A mortgage rate lock is an offer by a lender to guarantee the interest rate of your loan for a specified period of time. The lender may charge an extra fee or include the cost of the rate lock in the loan. The lock period usually extends from initial loan approval, through processing and underwriting, to loan closing.

Is it a good idea to lock in a mortgage rate?

If you want to avoid uncertainty and preserve the rate in your mortgage loan offer, get a mortgage interest rate lock. Interest rate locks can offer peace of mind to borrowers, but they are not foolproofyou could miss out on a lower interest rate after you lock and your loan might not close before the lock expires.

What if I lock in a rate and it goes down?

When you lock your interest rate, youre protected from rate increases due to market conditions. If rates go down prior to your loan closing and you want to take advantage of a lower rate, you may be able to pay a fee and relock at the lower interest rate. This is called repricing your loan.

Whats a mortgage rate lock?

If interest rates happen to go up during the period when your rate is locked, you get to keep your lower rate. On the other hand, if you lock your rate and interest rates fall, you cant take advantage of the lower rate on a refinance unless your rate lock includes a float-down option.

What are the disadvantages to locking mortgage rate?

Cons Of Locking Your Mortgage Rate Today Interest rates may fall after you lock in. You could miss out on the chance to score an even lower interest rate. Letting the lock period expire has consequences. If you lock in a mortgage rate but ultimately allow it to expire, the lender might charge you hundreds of dollars.

What happens to rate lock if rates go down?

A lock-in or rate lock on a mortgage loan means that your interest rate wont change between the offer and closing, as long as you close within the specified time frame and there are no changes to your application.

Can you lock in a mortgage rate for free?

Rate locks typically last from 30 days to 60 days, though they sometimes last 120 days or more. Some lenders do offer a free rate lock for a specified period. After that, however, even those generous lenders might charge fees for extending the lock.

How long can you lock in a mortgage rate?

Call or contact your mortgage lender and ask them about a rate lock. They will likely want you to provide a time frame for the lock, but will often allow you to lock your rate for a period. They will provide additional details to you, including any fees associated with this process.

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