Articles on: Choosing your loan

What if rates go down after I've locked?

Locking your rate protects you from future rate increases and is a commitment to going ahead with that rate.

Upon lock, Beeline also is in the 'go zone' and we start driving to a close as fast as possible for you from that moment.

Most times, if rates go down once you've locked, you can't unlock and lock again.

Depending on your case, it may be possible, so if it happens, see what your Loan Guide can do, but most times the horse has run at that point as we like to move fast.

Updated on: 16/08/2022