Personally, I do not think so. Giving them a range does not equate to "at a given rate" to me.
And if it is "Market Pricing" - who's market? I could make up anything I wanted.
37(a)(13) Rate lock.
1. Interest rate. For purposes of § 1026.37(a)(13), the interest rate is locked for a specific period of time if the creditor has agreed to extend credit to the consumer at a given rate, subject to contingencies that are described in any rate lock agreement between the creditor and consumer.
If you go back to the regulation, it directly refers to the interest rate disclosed under (b)(2).
(13) Rate lock. A statement of whether the interest rate disclosed pursuant to paragraph (b)(2) of this section is locked for a specific period of time, labeled “Rate Lock.”
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