How to Calculate a Mortgage

If you’re shopping for a new home in Texas, you can calculate the home price you can pay and the mortgage schedule you will need based on the payment, down payment, taxes, and insurance you can afford. This calculation will provide an estimate of your house price range based on the monthly payment you can […]

Tips for Texas Homebuyers: Getting the Lowest Mortgage Rate

Buying a home is one of the biggest purchases most people will ever make, so it’s no wonder people take their time to make sure they’re getting a great deal. Prospective Texas homebuyers spend hours poring over MLS sites and home listings comparing pricing, square footage, number of bedrooms, school districts and so on, to […]

Texas mortgage rates edge up

Texas rates on fixed mortgages began to edge up this week, inching further and further away from the bottom rates we saw this summer. Freddie Mac reported earlier this week that average rate for 30-year fixed loans rose to 4.40 percent from 4.39 percent last week. Two weeks ago, the rate hit 4.17 percent, the lowest […]

Mortgage rates at lowest in 50 years

National average for a 30-year fixed loan dips to 4.58%. Mortgage rates have sunk to the lowest level in more than five decades- Mortgage company Freddie Mac said Thursday the average rate for 30-year fixed loans sank to 4.58 percent this week. That’s down from the previous record of 4.69 percent set last week and […]

No Better Time to Buy or Refinance than Right Now!

Mortgage rates are at historic lows -there is no better time to buy a home or refinance than right now! As of Thursday May 27th 2010, mortgage rates have hit historic lows and fallen to the lowest level of the year. Current European turmoil has caused investors to pour money into the safe haven of […]