Today’s Mortgage Rates: Which home loan is best?

Texas Mortgage Info: How your mortgage person structures your loan is more important than the getting a low rate. To get the lowest 30 year or 15 year fixed rate consider avoiding PMI (mortgage insurance) even though these loans have higher rates; they have lower payments.

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Wednesday, November 11th, 2009 Loans

16 Comments to Today’s Mortgage Rates: Which home loan is best?

  1. Ampedee, I’m a …
    Ampedee, I’m a mortgage broker and banker. I used to work for one of the largest banks in the country and to be honest our fees and costs were so much higher than brokers. Large banks spend money on advertising and pay salaries.

  2. RHFLuzzi on November 11th, 2009
  3. What is the Key …
    What is the Key disfavors by Having Your Mortgage

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  4. 2fuck2shit2 on November 11th, 2009
  5. hoyl this guy …
    hoyl this guy is a good sales man, but being in the mortgage industry my sell i see right through alot of his bulshit. GETTING YOUR LOAN THROUGH A BROKER MEANS UR GOING TO PAY MORE IN FEES, BECAUSE THAT LOANS GOING TO JUST END UP AT ONE OF THE BIGGER BANKS IN THE LONG RUN ANWAYS…..

  6. ampedee on November 11th, 2009
  7. Hey Bank of America …
    Hey Bank of America! You didn’t do squat for me and my husband. You promised the world but delivered nothing. So why don’t you get off this website and go do somethingproductive??? Like….get an education!

  8. cant9562 on November 11th, 2009
  9. mortgageartist. com …
    mortgageartist. com

    The best thing you can do is arm yourself with knowledge, even better if it’s free. a little time and a few clicks now could save you years and thousands of dollars later.

    the choices you make today define your tommorow.

  10. MrMortgage1 on November 11th, 2009
  11. very professional …
    very professional response b of a.

  12. evanswanson on November 11th, 2009
  13. That is a great …
    That is a great video, you break it down very well.

  14. mortgagebrokerdave on November 11th, 2009
  15. lots of info here
    lots of info here

  16. MrMortgage1 on November 11th, 2009
  17. A good mortgage is …
    A good mortgage is like a work of art.

    mortgageartist. com

    Your path to the best free mortgage information resource around.

  18. MrMortgage1 on November 11th, 2009
  19. I am a mortgage …
    I am a mortgage underwriter and PMI is for conentional loans only. FHA loans have MIP. This is not new. No, mortgage insurance is not required on a conventional loan when 20% is down. If less than 20% PMI is required. The 3% loan he speaks of is now 3.5% now in todays market is an FHA loan. Most folks that do not speak on that type of loan is not approved to do FHA loans. Not too many companies do 2nd liens any more. The lender is the best loan to do because the fees are less.

  20. smmiller777 on November 11th, 2009
  21. Mmmmm, that doesn’t …
    Mmmmm, that doesn’t make sence. I work for Bank of America, and the normal customer is required to put down 20% to not pay PMI. You don’t need to pay PMI, unless you have less than 20% equity in your home. Please talk to me if you have any other questions

  22. friedmanrc on November 11th, 2009
  23. I work for Bank of …
    I work for Bank of America. We do many different scenrios for our customers. I will always give many different product scenrios based on my customer’s information. You really don’t know what your talking about.

  24. friedmanrc on November 11th, 2009
  25. You are now …
    You are now required to have a PMI on a FHA loan for it’s lifetime? Even with putting 20% down? When did this happen?

  26. LtStarkiller on November 11th, 2009
  27. I really liked your …
    I really liked your channel and this video. If you need any help getting this video exposed I use a site called tubeviews.(net) It has really helped like 20 of my main videos get to the top in position. Its nice.

    that is very awesome i love this

  28. PAGENzx on November 11th, 2009
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  30. mannyfeseha on November 11th, 2009
  31. Very informative …
    Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.

  32. DrewDownsManagement on November 11th, 2009