The Federal Housing Administration (FHA) has announced that monthly mortgage insurance premiums on FHA-insured mortgage loans will increase from the current rate of .50-.55%, to .85-.90% on October 4th.
Posts under ‘Mortgage Rate Updates’
Thought the Tax Breaks Were Over? Think Again!
It might seem that the tax advantage of being a homebuyer ended on April 30th; however, we know a way to keep those tax benefits rolling in!
March 5, 2010 Houston Mortgage Rate Update
Mortgage rates in the Houston area have fallen slightly, but are expected to rise soon – it really is the time to buy!
Why Buying Your New Home Now is a MUST!
This is the absolute best time to buy a house…do it now, or you might regret it later!
Houston Mortgage Rates Remain Stable…and Low
Mortgage rates rose slightly but remained stable over the past week according to the Freddie Mac Primary Mortgage Market Survey. The 30-year benchmark fixed rate mortgage rose to 5.01% nationally, up from 4.98% a week ago. The 15-year fixed rate also rose slightly from 4.39% to 4.40%. We continue to offer Houston mortgage rates below the national averages to qualified borrowers.
Houston Mortgage Rates Hit Five Month High
Mortgages rates in Houston have started to rise amid fear of what’s to come in 2010.
Mortgage Rates Volatile This Week
Conflicting economic news led to volatile mortgage markets this week with the beginning of the week marked by higher than expected inflation numbers and stringer than expected industrial production. Homeowners in Houston, The Woodlands, Tomball, Spring, and Conore looking to buy or refinance their mortgage were left up in the air as to the future [...]
Best Rates are Now in the Rear Window
Houston, The Woodlands, Spring, Tomball and Conroe mortgage rates seem to be on the rise.
Mortgage Rate Update & Outlook
Mortgage rate update and outlook for the week ending August 21, 2009.
Mortgage Rate Update & Outlook
The benchmark 30-year fixed rate mortgage was up last week to 5.29%, the highest level in a week amid a string of positive news that seemed to indicate an end to the current 20 month long recession. This week, however, low inflation numbers, coupled with weak retail sales and a strong demand for Treasuries combined [...]
