Long before settlers arrived from the east, Mt. St. Helens was a sacred place to the local Indian tribes. They had been witnesses to its long history of eruptive behavior and ancient legends caused them to give the mountain a wide berth.ong before settlers arrived from the east, Mt. St. Helens was a sacred place to the local Indian tribes. They had been witnesses to its long history of eruptive behavior and ancient legends caused them to give the mountain a wide berth.
Lenders wonât lock in your VA rate without your permission. The most common lock period is for 30 days and coincides with most sales contract periods. If you want to lock your rate for say 45 days, your VA lender might ask for a quarter of a point or more. On a $200,000 loan, one-quarter point equals $500. If you need to lock in for 60 days, you might expect to pay one-half point and so on. The most common lock period for VA loans is 90 days and you can expect to pay a full point to guarantee your rate for three months.
After your original mortgage application is accepted â but before your loan closes â you may be allowed to lock in a mortgage rate. This is a difficult decision to make, because youâre not psychic, and thus canât really be sure the direction that rates will take over the next 30 to 60 days.he first is a locked-in interest rate, and locked-in points, which lets you lock in both for a period of 30 to 60 days. The second is where you lock in the interest rate, but float the points. If rates drop during the lock-in period, you may be able to lower your points.