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VSECU Blog

In the VSECU Blog you'll find financial and lifestyle resources to help empower possibilities for your personal success.

Elizabeth LaPerle

With over 35 years of banking experience, Elizabeth LaPerle is a mortgage originator who serves the mortgage needs of Vermont families in Northeastern and Central Vermont, including Essex, Caledonia, Orange, Orleans and Washington Counties. Elizabeth enjoys helping Vermonters with their financial needs and assisting borrowers with their mortgage needs. A Barre Rotarian for over 22 years, Elizabeth resides in Barre Town with her husband and two grown children. She enjoys traveling, attending sporting events, and spending time with family and friends.

By: Elizabeth LaPerle

August 7th, 2019

What is a Mortgage Rate Lock & How Does it Work?

Homebuying and Mortgages | Credit and Debt

If you’re buying a house, you want to get the best deal possible, which means you want the lowest interest rates—the lower your interest rates are, the less you’ll pay over the life of the loan. Buying a house can take a while, though, and in the time it takes you to find the house and go through the buying process, interest rates could rise or fall significantly.

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