I’m on the road again, this time shooting from my hotel room.

Some of my friends jokingly call me the “Godfather of Rates”, so we had a little fun in this episode answering a question about Private Mortgage Insurance (PMI) and whether you’ll need it or not.

Check out today’s video:

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

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Today’s rates with NO lender fees are 4.75% on a 30 year, 4.0% on a 15 year and 3.25 % on a 5/1 ARM.  These are best rates I found today with NO lender fees.

If you Like this information please post it, share it, tweet it, and forward it to everyone you think could use it.  If you have an iPhone, Android, or Blackberry smart phone, don’t forget to download the free Rates in Motion LoanApp.

On your phone, go to:

– iPhone: http://bit.ly/g9SQNP
– Blackberry: http://bit.ly/eOaxE8
– Android: http://bit.ly/eFuhaC

The activation code is: 9203780002

See you tomorrow!!

– Mike

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To ask a question, get advice, or find out what your lender is making off your loan, just post a comment with your question.

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