Archive for July, 2011
posted July 27, 2011

Dallas Refinance:Â Are mortgage rates going to increase?
What does the uncertainty with the debt crisis mean for Dallas mortgage rates? They are currently bouncing around historic lows and have been for some time. Will Texas mortgage rates increase? We won’t know until they do…analyst say they will. Have you been thinking of Â
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posted July 21, 2011

Dallas Refinance: Mortgage applications see biggest increase in 4 months
http://www.reuters.com/article/2011/07/20/us-usa-economy-mortgages-idUSTRE73C1ZG20110720
Applications for home mortgages surged last week, racking up the biggest increase in four months on a flood of refinancing demand as interest rates remained low, an industry group said on Wednesday.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both
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posted July 17, 2011

Dallas Refinance: Mortgage refinance rates drop lower
http://www.foxbusiness.com/personal-finance/2011/07/14/mortgage-rates-fall-to-labor-pains/
Mortgage rates dropped this week amid economic reports that show that the United States still faces a bleeding labor market and a crawling economy. The benchmark 30-year fixed-rate mortgage fell 10 basis points this week, to 4.69 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point.
posted July 5, 2011

Dallas Mortgage:Â Housing and mortgage trends in Summer 2011
http://www.foxbusiness.com/personal-finance/2011/07/05/housing-and-mortgage-trends-in-2011/
Low mortgage rates and the bargains to be found in the vast inventory of distressed homes for sale are making this a buyer’s market. In many areas it has become cheaper to own than to rent.
Many potential buyers stand on the sidelines, scared off by difficulties in getting approved for mortgages and fearful of a…
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