Dallas Mortgage Refinance: Mortgage Applications Are Up! Mortgage Rates Are Down!

 Dallas Mortgage Refinance: Mortgage Applications are Up!  Mortgage Rates are Down!

 Zillow reports that mortgage requests for mortgage applications were up last week by 2.5 percent from the previous week. Twenty-three percent of these requests were for mortgage refinance loans, while 75 percent were actual home purchase loans. Two percent of the applications, meanwhile, were home equity loans. The increase in applications is said to be from the urgency of new home buyers facing the end of the Tax Credit. http://www.zillow.com/Mortgage_Rates/

 It appears homebuyers are taking the opportunity to buy up real estate while they can. The housing market is ripe for the picking, and with these low refinance rates, first time homebuyers can really benefiting. http://www.mylendingplace.com/

Whether you’re interested in a new home purchase, mortgage refinancing or a home equity loan, we’re available to help! We’re a local Texas mortgage lender that can offer you the best mortgage rates and the lowest closing costs. Give us a call today!

Dallas: 972-325-2120     Austin:  512-996-8194     Houston:  713-589-2244

Dallas Mortgage Refinance Rates as of 04/21/2010 
Mortgage Rates                                         Interest Rate APR 
Texas Conforming Home Loans and FHA Home Loans 
30-Year Fixed Mortgage Rates             5.125%    5.318%
30-Year Fixed FHA Mortgage Rates  5.125%    5.897%
15-Year Fixed Mortgage Rates             4.250%    4.573%

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