Rates are flat today. Today’s comparison mortgage rates with no lender fees are 4.125% on a 30 year, 3.375% on a 15 year and 2.875% on a 5/1 ARM. (click here for details)

It’s Tough Mudder weekend, baby! Tough Mudder #2 this year! What are you doing tomorrow? I will be running 12 miles and navigating through 22 different obstacles designed by the British Special Forces. Sounds fun doesn’t it. Who wouldn’t want to go through the Frozen Forest, or the Funky Monkey, or the Ball Shrinker and then run threw 10,000 volts of electric shock therapy just to finish off the race. Sounds like a relaxing day to me!

Check out today’s video:


(Watch it on your mobile phone or email reader here)

Today, I only have one point to make. Getting a mortgage in today’s market is not as tough as everyone makes it out to be. It’s not as easy as it has been in the past but that is a good thing in some cases. Do not be discouraged by the “negative Nancies” out there.

Yes, you have to have good credit, a down payment and you have to actually document your income. That is to be expected and does not make the loan process unbearable. Guess what! You will have to make your payments to keep the house as well. Who would of thunk!

Buying a house should be fun and refinancing can be painless. You just need the right people on your team. A great Realtor and a great lender working together will make the whole process a great one. Remember that when you are picking your “A” team. If you had a great one in the past, refer them to everyone you know. Seriously they deserve it! Being a realtor or lender in today’s environment is tough!

It’s follow Friday again for you twitter fanatics! Here are three awesome people that you should following. Tweet them up and say hi!

  • Cochran Real Estate (Owner of Cochran Real Estate in Puerto Vallarta)
  • Greg Poulsen (REO Realtor in Tahoe)
  • Michelle Mangen (Virtual Assistant/Blogger)
  • 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 mortgage…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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