Mortgage Rates Are On The Rise

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Today's comparison mortgage rates with no lender fees are 3.875% on a 30 year, 3.25% on a 15 year and 2.875% on a 10 year. (click here for details)

So our friends over at Think Big Work Small did a great video on why the costs of mortgages are going up TODAY! This is another example of the government solving a short-term problem and having long-term consequences. Check it out!

Check out today's video:

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

Great information, guys. This is no joke. Lenders will be increasing their fees on mortgages very soon if they haven't already. I know a few have for sure. So if you are in the market for a mortgage today, you should definitely get in touch with your lender and lock in sooner than later if you can.

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