Posts Tagged ‘home equity loans’
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  mortgage refinancing?
Take advantage of the low mortgage rates before their predicted increase. Give us …
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posted June 29, 2011
Dallas Mortgage Refinance: Home mortgages slip
http://news.yahoo.com/mortgage-applications-dipped-last-week-mba-110736082.html
 Applications for home mortgages slipped last week as demand waned, even as mortgage rates dropped, an industry group said on Wednesday.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 2.7 percent in the week ended June 24. The MBA’s seasonally adjusted index of refinancing applications fell 2.6 percent, while …
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posted May 31, 2011
Dallas Refinance: 30-year fixed mortgage rates fall to 4.60%
Bloomberg.com reports that mortgage rates fell to the lowest level in almost six months, providing support to a real estate market that is struggling to recover. http://www.businessweek.com/news/2011-05-26/mortgage-rates-for-30-year-u-s-loans-decrease-to-4-60-.html
The average rate for a 30-year mortgage loan slipped to 4.60 percent in the week ended today from 4.61 percent, according to Freddie Mac. That is the lowest since the week ended Dec. 2. …
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posted May 18, 2011
Dallas Refinance:Â Low mortgage rates help American’s lower mortgage debt
Americans are reducing mortgage payments at a record clip, directing cash that once went for debt into consumer spending and savings. http://www.usatoday.com/money/economy/housing/2011-05-15-mortgage-debt-money_n.htm
Low interest rates, defaults and refinancings have shaved more than $100 billion off the nation’s annual mortgage bill — an amount comparable to all unemployment benefits for one year or this year’s Social Security payroll tax cut.
“This …
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posted May 6, 2011
Dallas Mortgage Refinance: Mortgage Rates Decline to Lowest Levels
http://online.wsj.com/article/SB10001424052748704904604575262713807080890.html
The financial turmoil in Europe is providing an unexpected windfall for American home buyers, as international money seeking a safe haven is flowing into the U.S., pushing domestic mortgage rates to the lowest levels of the year and back near 50-year lows.
The housing industry had been bracing for months for a period of rising mortgage rates, triggered by …
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posted April 28, 2011
Dallas Mortgage Refinance: Mortgage rates remain below 5%
According to Bankrate.com, this week’s mortgage refinance rates remain below the 5 percent mark, with the benchmark conforming 30-year fixed mortgage rate inching lower to 4.95 percent and the average 15-year fixed mortgage stepped down to 4.14 percent.
30-year fixed: 4.95% — down from 4.96% last week (avg. points: 0.37)
15-year fixed: 4.14% — down from 4.16% last week (avg. points: …
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posted April 26, 2011
Dallas Mortgage Refinance: Mortgage refinance rates dip this week
http://www.bankrate.com/mortgage.aspx
When gas prices rise and jobs improve, mortgage rates usually don’t dip. But..they did. Mortgages refinance rates took a notable dip this week as investors got mixed signals in the uncertain economic climate.
The benchmark 30-year fixed-rate mortgage fell 11 basis points this week, to 4.96 percent, according to the Bankrate.com national survey of large lenders. A basis point is …
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posted April 25, 2011
Dallas Mortgage Refinance: New Home Sales Rose 11.1% in March
http://www.ftportfolios.com/Commentary/EconomicResearch/2011/4/25/new-single-family-home-sales-rose-11.1percent-in-march
New home sales rose 11.1% in March and were revised up for prior months. This is very good news, but does not necessarily signal the start of a consistent upward trend. Sales remain in the middle of the range we have seen since last May.
The new home market still faces two big problems: First, there are far …
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posted March 31, 2011
Dallas Mortgage: Mortgage applications fall as mortgage rates rise slightly
http://www.reuters.com/article/2011/03/30/us-usa-economy-mortgages-idUSTRE7212F120110330
Applications for U.S. home mortgages tumbled last week as higher interest rates sapped demand for loan refinancing, an industry group said on Wednesday.
The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 7.5 percent in the week ended March 25.
“As rates climb back to …
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posted February 19, 2011
Dallas Mortgage Refinance: 30-Year Fixed Mortgage Rates, Bank of America
Bank of America’s current 30-year fixed mortgage rate is 5.00%… but notice that they will charge you an additional 1.00%. We can get you the same good mortgage rates without charging you additional points. Unlike major lenders like Bank of America and Wells Fargo, We’re a “No Point” lender… we charge a flat fee! Why pay additional points if you don’t …
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