A look-back is like a rate hold but better. When a rate hold runs out, you are SOL. With a look-back, when you exceed your 90 or 120 days, the lender gives you the lowest rate 90 or 120 days back depending on the original look-back. We try to place all our clients in look-backs so that they have the most flexibility and options.
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| Term | Rate |
|
PRIME |
3.00% |
|
Variable |
2.79% |
|
1 Year |
2.89% |
|
3 Year |
2.99% |
|
4 Year |
3.19% |
|
5 Year |
3.29% |
|
10 Year |
3.99% |