Mortgage Rate Lock in Raleigh, NC: When to Lock, How Long It Lasts, and What Happens If Rates Drop
Most Triangle buyers lock their mortgage rate within one to three days of getting an accepted offer. At that point, your closing timeline is known, your due diligence clock is running, and rate volatility is working against you the longer you wait. The lock secures your rate against market movement until closing, and in NC’s attorney-closing environment, that window typically runs 30 to 45 days.