Mortgage Rate Truths and Myths Explained | 3 Key Insights About Mortgage Rates

Tired of hearing the same old confusing jargon about mortgage rates? In this video I'm giving you some key insights into mortgage rate truths and myths, including but nowhere near limited to, how interest rates really work, the different factors that affect mortgage rates, and how those factors can affect your buying power. Whether you're buying your first home, refinancing, or just want to understand your options, this video will give you the clarity you need to move forward with confidence. #MortgageRates #InterestRates #HomeBuyingTips #RealEstateInvesting #PMIExplained #VAloans #MinnesotaRealEstate #RealEstateMarket #HomeBuyingProcess #FirstTimeHomeBuyer Comment, Like and SUBSCRIBE! 📲 Phone: 651- 278-2089 📲 Email: [email protected] 👨‍💻 Website: www.agoodlifegroup.com 👌Follow me on Instagram:   / williamhuffmanrealtor   ⭐️Follow me on Facebook:   / williamhuffmanmnrealtor   00:00 – Intro & Fun Real Talk with William Huffman 00:54 – Why I’m Doing This—ROI and Passion 01:24 – Mortgage Rate Breakdown & Misconceptions 02:23 – Understanding PITI: Principal, Interest, Taxes, Insurance 04:12 – The Truth About Amortization & Interest Rates 05:12 – Fed Rates vs. Mortgage Rates: What’s the Difference? 06:35 – Credit Scores and How They Affect Mortgage Rates 07:52 – Overlays & Why Lenders Have Different Guidelines 09:20 – Mortgage Brokers: Why They Have More Options for You 11:17 – What is PMI (Private Mortgage Insurance)? Explained 12:13 – VA Loans and No-Down Payment Options for Veterans 12:43 – Final Thoughts on Mortgage Rates & Investment 13:39 – Homeownership as a Long-Term Investment 14:34 – Is It Always a Good Time to Buy? Let’s Talk! 15:03 – Outro & Call to Action