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Anthony Sir Manera, a senior home loan specialist at Dai Tech, discusses the importance of the interest rate lock agreement in a lending package. This document is crucial as it protects customers from unexpected changes in loan offers at closing. The interest rate lock agreement specifies the locked interest rate and the duration of the lock. To ensure protection, it's essential to have an executed agreement and to follow the lender's instructions for timely submission. With this document, borrowers can have peace of mind that their loan offer is secure.