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Anthony Manera, a senior home loan specialist at Dai Tech, discusses the importance of the interest rate lock agreement in a lending package. He emphasizes that this document is crucial in protecting customers from unexpected changes in their loan offers. The interest rate lock agreement specifies the interest rate and the duration of the lock-in period. It is essential to promptly return the executed form to the lender to ensure the offer is secure. This document provides peace of mind to borrowers, ensuring that their loan terms are protected.