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Rates are flat today. Today’s rates with no lender fees are 3.875% APR on a 30 year, 3.1250% APR on a 15 year and 3.0% APR on a 10 year. (click here for details)

Are you sick of me telling you how great rates are; how you are stupid to be renting if you have the financial capacity to buy; or that the 30-year fixed mortgage rate is the best mortgage to leverage your financial picture? You are?

Check it out in today’s video:

Me too! I am going to let my friend, Warren, take over today. Hey Warren – Tell these guys what you think about the price of single-family homes in today’s market and what type of mortgage you think is best.

Nicely said, Warren. You must have been watching my videos. Now – remember this sentence when you are looking for a mortgage or if you are currently renting.

Ready? You should actually write this down! Buying a home with a 30-year mortgage is a way to stretch the dollar and a leveraged way to own a very cheap asset. Don’t take my word for it. Take the word of a billionaire.

If you thought this was good information or worth discussing, help me bring transparency to mortgage lending by sharing today’s episode on Facebook or Twitter.

Let’s change the way people shop for a mortgageā€¦forever!

– Mike

PS. To ask a question, get advice, or find out if you’re getting the best deal possible on your loan, just post a comment below. Daily comparison rates, calculators, and other cool features are available in the free Rates in Motion LoanApp by going to your smart phone and clicking on this link, activation code is 9203780002

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