As a CalPERS member, CalPERS will
automatically lock in your interest rate for 60 days for FREE, protecting you from
interest rate increases.
- Call (800) 931-7377 to Request a Mortgage Rate Lock
Should interest rates decrease you are still protected by CalPERS
with two interest rate float down options. This is a
significant benefit as all other loan programs will require a fee to lock your interest
rate and do not allow you to float down the rate should rates get better. |