Good News! Consumers can lock rate with one lender, and then shop that lender against others...According to a REA on this thread..."I believe it is wise to have at least 2 lenders.. They don't charge fees to lock in the rates. So if rates go down you lock in with lender #2........see if lender #1 will match it."While it's not my desire to stir-the-pot just for the sake of doing so, I find it hard to believe that a person in the RE business would advise clients to do this.Doesn't this (i.e., getting a rate lock and then having the consumer back out) impact a mortgage professional's relationship with lending sources?Is there a behind-the-scenes-cost to the mortgage professional, beyond any relationship issues with the lenders?December 12 2013 - US11YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.