September 11, 2008
Today’s Current Rates | Sept 11, 2008 Mortgage Rates | Refinance | Home Equity Loan Texas
30-Year Fixed Mortgage 5.625% 6.099%
20-Year Fixed Mortgage 5.750% 6.048%
15-Year Fixed Mortgage 5.375% 5.873%
Texas Jumbo Loans Home Loans
30-Year Fixed 8.375% 8.545%
15-Year Fixed 7.625% 7.883%
Do to recent changes with Fannie Mae and Freddie Mac, mortgage rates are really low.
So now is the time to refinance if you want a better rate, move from a 30 year to a 15 or 10 year, or consolidate your bills with a home equity loan.
Home Equity Loans: If you’ve been waiting on rates to go down to do a home equity loan now is the time. Same with Jumbo home loans. Any loan over $417,000 is classified as a jumbo mortgage–and these have higher rates than regular home loans. However, with these low rates, now is the time to refinance your jumbo home loan or do a home equity loan. Read the rest of this entry »
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September 8, 2008
Today’s Mortgage Rates | Refinance | Home Equity Loans (Sept 8, 2008)
30-Year Fixed Mortgage 5.750% 5.973%
20-Year Fixed Mortgage 5.750% 6.048%
15-Year Fixed Mortgage 5.500% 5.873%
Texas Jumbo Home Loans –
30-Year Fixed Jumbo 8.500% 8.671%
15-Year Fixed Jumbo 7.750% 8.009%
Remember, we can always do a 80/15/5 or 80/10 “no PMI” mortgage to avoid the Jumbo rates. Just call me and let’s discuss this. PHONE: 512-996-8194
Mortgage rates went down dramatically today when the Federal Government will take over Fannie Mae/Freddie Mac. Read the rest of this entry »
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September 5, 2008
Today’s Current Mortgage Rates
Remember, mortgage rates tend to go down when there’s bad economic news and up with good economic news.
This week we’ve had some bad economic news when the unemployment rate went to 6.1%. Naturally, rates went down when this happened.
Today’s 30 year fixed mortgage rate is 6.25% and today’s 15 year mortgage rate is below 6%, at 5.875%.
When rates are below 6%, this may be a great time to do a home equity loan and consolidate debt or just refinance.
Refinancing must make sense because every refinance has closing costs associated with it–call me today or complete the free online application. 512-996-8194
Texas Mortgage Refinance Home Equity Loan Application
30-Year Fixed Mortgage Rates 6.250% 6.480%
20-Year Fixed Mortgage Rates 6.125% 6.427%
15-Year Fixed Mortgage Rates 5.875% 6.252%
<b>Texas Jumbo Loans Home Loans </b>
30-Year Fixed 8.250% 8.418%
15-Year Fixed 7.625% 7.883% Read the rest of this entry »
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September 2, 2008
Today’s Texas 30 year and 15 year fixed Rates
30-Year Fixed Mortgage Rates 6.375% 6.987%
20-Year Fixed Mortgage Rates 6.75% 7.060%
15-Year Fixed Mortgage Rates 6.00% 6.631%
Texas Jumbo Loans Home Loans
30-Year Fixed 8.250% 8.418%
15-Year Fixed 7.750% 8.009%
Remember, mortgage rates tend to go up when there is positive economic news and down with negative economic news. Was I the only one who filled my tank up on concerns over fuel prices? Fortunately, Read the rest of this entry »
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