The Benefits of our New 5.99 Rate Lock Program

CA Jones has new homes ready for move-in within the next 30 days! Make your move now and take advantage of  LOW fixed 5.99% rate financing when you finance with our Preferred Lender. This offer is subject to mortgage rate availability and only on certain inventory homes for a Limited Time while Funds last.  Read on to learn more about the benefits of a rate lock program and how our promotion could help get you into your new home as soon as possible. 

The benefits of a rate lock program

A rate lock program allows you to lock in your mortgage interest rate at the time of your loan application. This means that if interest rates go up between the time you apply for your loan and the time you close on your home, your rate will remain the same. Conversely, if interest rates go down, your rate will not change either. This stability can give you peace of mind and protect you from potential rate increases. When you look at the benefits of a rate lock program over a buy down program, you’ll soon see why a rate lock program could be in your best interest: 

1. Predictable monthly payments: A rate lock program offers stable, predictable monthly payments over the life of your loan, which can help you plan and budget for your future.
2. Long-term savings: While a buy down program may offer lower payments in the short term, a rate lock program can save you more money over the life of your loan, especially if interest rates rise during that time.
3. Protection against market fluctuations: A rate lock program shields you from market fluctuations and potential interest rate hikes, which can save you thousands of dollars over the life of your loan. 
4. Simplified financing: With a rate lock lock program, you don’t have to worry about upfront fees or complicated calculations. Your interest rate is set at the time of application and remains fixed, making it easier to understand and plan for. 

The details behind our rate lock promotion

As a prospective buyer, our rate lock program gives you the opportunity to secure a low interest rate and enjoy the peace of mind that comes with a fixed monthly mortgage payment throughout the entire duration of your loan. A fact that is incredibly beneficial in today’s market as we’ve seen interest rates increase over the past year. You’ll also remain eligible for a free refinancing program through our preferred lender if interest rates decline in the future—ensuring that you can always take advantage of the lowest possible rates as soon as they become available. Only a limited number of homes are available with this program, so Call our New Home Sales Manager to secure your rate lock today.
11-4-2023