Tag Archives: home loans

Low interest rates on home loans and mortgages and Texas have a very positive effect on the real estate market in Texas. Low interest provide an excellent chance for prospective home buyers to make their move and purchase the home that they truly want. The impacts of low home interest rates in Texas are many and people are beginning to buy homes with much more frequency in Texas due to the lower interest rates.

Today, our real estate and mortgage experts are going to talk about some of the impacts of low home interest rates in Texas!

More People Are Looking To Buy Homes In Texas

One of the many benefits of low home loan interest rates in Texas is that many people are looking to buy homes again. This is mainly due to fact that the low interest rates allow people to get mortgages with lower monthly payments and a lower overall interest amount that they have to pay on their mortgage loan.

With more people looking to buy homes in Texas, many home buyers, real estate investors and mortgage providers are seeing this as the precursor to a new real estate boom in Texas. Whether there is a real estate boom coming or not, there is no doubt that this is an excellent time to take a mortgage out, get a home loan or invest in real estate in Texas.

People Are Getting Excellent Home Loans In Texas Continue reading

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The housing market remains one of the most volatile and important areas of the national economy. It’s worst period in history nearly brought the economic system to its knees several years back but the market is recovering from the brink of disaster. Home loans are at their best quality in decades and bankers are funding mortgages often with an excellent low interest rate. And yet the amount of housing debt on the books nationally is dwindling, leading many to believe those low rates and quality loans are both not helping and not being taken by prospective buyers in good standing. This has led to concern that the housing and banking market is not, in fact, recovering but simply not growing at all and doomed to further failure. In actuality this is far from the truth.

There is nothing to fear about the fact that housing debt nationwide is shrinking. It is simply a product of a new era in home loans where operations are done differently than before, as well as a product of the continued recovery from the housing bust that nearly crippled the economy years ago. That market collapse was the result of a problem involving sub-prime home loans. They were given to Americans who couldn’t necessarily afford them and eventually that caught up to them, resulting in a failure to pay mortgages and eventually mass foreclosures nationwide. What many don’t realize is that once a home loan defaults and the bank forecloses on the property the amount of that loan is removed from the national housing debt tally. Continue reading

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If you are looking to buy a home or Houston, Texas, or simply to refinance a home loan that you have already taken out, 2012 may be the year to do so in order to attain the best possible rate on your loan. There are several reasons why now is the time for you to enter into a Houston home loan, which will be the focus of the article, but generally they revolve around the current pricing of houses in Texas, the interest rates available on home loans, and the future of the housing market in Texas..

For one, if you are buying a house, home prices have significantly decreased from their peaks just a few years ago. As home prices are poised to go significantly higher if there was a significant amount of inflation which may be the result of the central bank’s spendthrift money printing policies, then owning real property in the form of a home may be the best possible idea. A home is one of the best hedges against inflation risk and purchasing a home at the time of low inflation, in anticipation of significant inflationary rises, may lead to significant gains when you sell your house.

The Central bank has lowered their benchmark or interest rates that have lowered interest rates on all home loans. These rates are at historical lows and are unlikely to rise at any point in the future. The central bank has indicated that they will likely raise the rate in 2014 so 2012 may be the best time to contact the mortgage company for a home loan. Continue reading

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After proudly serving the nation that has provided them with freedom and opportunity, the last thing GIs returning from the front lines need to come home to is a foreclosure notice stuck to their front door. Unfortunately, this is exactly … Continue reading

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