Rates are flat today. Today’s comparison rates with no lender fees are 4.625% on a 30 year, 3.75 % on a 15 year and 3.125% on a 5/1 ARM. (click here for details).

It’s a great thing when buyers find a home and make an offer. Everyone wins!

One of the biggest downers for both sides is when that transaction gets screwed up with an unexpected problem discovered during the appraisal or home inspection. For buyers, a problem on the home inspection saves them from making a big mistake. For sellers it sometimes means a lost buyer, another delay in selling their home, and unexpected repair cost.

Both sides should know what they’re getting into, so I highly recommend getting a home inspection.

I share one reason why in today’s episode:

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

Hey, if you get a chance, I would love it if you could help me in my mission to 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!

See you tomorrow!

– Mike

PS. To ask a question, get advice, or find out what your lender is making off 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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