If they do you'll be stuck with your interest rate and monthly payments even though you could finance your home more cheaply with current market interest rates. (valuepenguin.com)
Based on the information you have provided, you understand that those disclosures will contain estimates of costs related to closing a loan, as well as current market interest rates. (gmmllc.com)
The reason why this is important is because bonds in mutual funds are traded on the secondary market and will fluctuate in value based on current market interest rates. (stockmonkeys.com)