Question about pre approval and interest rate?

When I got my pre approval for my loan it said my rate would 4.85%. This was in March. My pre approval is good until August. Does that mean I am locked into that 4.85% rate until August?

submitted by /u/foofighter1999
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When I got my pre approval for my loan it said my rate would 4.85%. This was in March. My pre approval is good until August. Does that mean I am locked into that 4.85% rate until August? submitted by /u/foofighter1999 [link] [comments]

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