RBC Mortgage and Victoria Homes Sign Interest Rate Lock Agreement - 2004-07-20
RBC Mortgage announced that it has signed a builder forward commitment with Victoria Homes of Imperial Valley, CA, to make sure that Victoria Homes' customers have access to stable mortgage rates through 2006.
RBC Mortgage's National Builder Commitment Program provides, in essence, "rate insurance" for preferred builders, allowing the builder to secure future, in process or unsold home inventory.
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