Mortgage bonds are down and rates are up this morning. I recommend locking. Today’s comparison mortgage rates with no lender fees are 4.25% on a 30 year, 3.375% on a 15 year and 3.0% on a 5/1 ARM. Click here for more details.


Ever wonder what it’s like being a mortgage loan officer? I show you exactly how it feels in today’s funny video.

Choosing between a 30 Year Fixed, 20 Year Fixed, 15 Year Fixed, 10 Year Fixed, 5/1 ARM, 3/1 ARM, 7/1 ARM, or 10/1 ARM is not fun. It’s quite boring, actually. Today, I’ll help you and and your loan officer save time. Use the extra time to share today’s video.

I keep it very simple:

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


With the plethora of mortgage options currently available, it may be challenging for borrowers to find the loan best suited for them. Here’s why the 30 year fixed mortgage is almost always the best option.

You must have money to make money.

-Titus Maccius Plautus

You may or may not be familiar with this quote, but it’s true! In today’s economy, your assets should be as flexible as possible if you want to earn more money.

Choosing a 30 year fixed rate mortgage provides you more available cash than a 20, 15 or 10 year mortgage does. With the combination of tax breaks and cheap money right now, it makes the most sense to choose a 30 year term over a shorter one. To further increase your liquidity, avoid making bi-weekly payments or any extra mortgage payments.

Many of you may be skeptical about today’s advice because you have been taught differently about mortgages. Contact me with your mailing address and I will send you a video that’s full of reasons explaining why you should take out a large 30 year mortgage. I have a bunch of them and they’re free to the first 500 viewers that ask.

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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