first‑time homebuyer mortgage rate lock

Mortgage and refinance interest rates today, May 1, 2026: Inflation concerns send mortgage rates higher — Photo by Towfiqu ba

Avoid Losing $10K on Mortgage Rates in 2026

Avoid Losing $10K on Mortgage Rates in 2026 First-time buyers can lose up to $10,000 by missing a 0.75% spread between commitment and closing, and a well-timed rate lock can protect that money. Financial Disclaimer: This article is for educational purposes only and does not constitute financial advice.