Today’s Austin Mortgage Rates–are home loan rates going up?

Date June 9, 2008

Austin Texas:  Today’s Current Mortgage Rates:   Austin | Cedar Park | Round Rock | Georgetown.

http://www.mylendingplace.com   Phone is 512-996-8194

Mortgage Refinance Rates Texas Austin Dallas Houston El PasoEven with the recent economic report showing unemployment raising to 5.5%, mortgage rates have remained the same. 

Today’s 30 year mortgage rate is 6.375% and the 15 year is 6.00%.  

 This morning (June 9) the 15 year home loan rate was 5.875%.

Texas Mortgage Refinance Application 

30-Year Fixed 6.375% 6.606%
20-Year Fixed 6.375% 6.680%
15-Year Fixed 6.000% 6.378%
5-Year ARM 5.625% 5.768%

Austin Texas Jumbo Home Loans – Amounts that exceed conforming loan limits $417,000 Read the rest of this entry »

Austin Texas Mortgage Refinance | Home Loan | Home Equity Loan Refinance | Austin

Date May 28, 2008

Texas Home Equity Loan  Rates| Investment Refinance Rates| Mortgage Refi Rates | Texas Mortgage RatesTexas Investment Mortgage Rates | Investment Refinance RatesTexas Investment Mortgage Rates | Investment Refinance Rates 

texas mortgage refinance home equity loan ratesIn Texas you can refinance your home as well as your investment property.   And with today’s low mortgage rates, lots of people are doing just that using home equity loans.

Our phone is 512-996-8194 or complete the free mortgage refinance application (click link)

 Plus some are doing the two-birds-one-refinance-approach:   Refinance the home and pull cash out.   

When it comes to refinancing, you have two options.   A “rate and term” refinance or a home equity loan “cash out” refinance.   Read the rest of this entry »

Mortgage Refinance Rates | Austin Texas | Texas Home Equity Refinance

Date May 16, 2008

Mortgage Refinance Rates Texas | Austin, Texas | Home Equity Loan Refinance

mortgage refinance austin texas home equity loan refinanceToday’s mortgage rates (Austin, Texas) are down this week.    The currrent 30 year mortgage rate is 5.875% and today’s 15 year mortgage rate is 5.5%.  In the past month the 30 year rate has gone bounced between 5.5%-6%.

40-Year Fixed 6.375% 6.573%
30-Year Fixed 5.875% 6.099%
20-Year Fixed 5.875% 6.174%
15-Year Fixed 5.500% 5.873%
5-Year ARM 5.375% 5.593%
Austin Jumbo Home Loans – Amounts that exceed conforming loan limits of $417,000
40/30 Fixed-Rate Balloon 7.500% 7.647%
30-Year Fixed 7.125% 7.282%
15-Year Fixed 6.250% 6.498%
If you’re considering a home equity loan refinance (to consolidate debt into one single payment) rates are much better than even the best credit card rate.   My typical cash out home loan client saves around $400/month-$600.    Read the rest of this entry »

Austin Texas | One of Forbes’ recession proof cities

Date May 13, 2008

Austin Texas Homes Recession Proof Cities Forbes MagazineAustin Texas

Median home price: +6.4%

Unemployment: 3.6% (from 3.8%)

Key growth: Natural resources and construction, +5.1%; leisure and hospitality, +5.3%

One of the hippest cities in the country has one of the lowest unemployment rates. The Austin region is home to Dell, and many tech companies from Apple to Sun Microsystems also maintain a significant presence. One difference between “Silicon Hills,” as some call Austin’s tech sector, and Silicon Valley? In Austin, the median home price is still under $200,000.

http://www.forbes.com/2008/04/29/cities-recession-places-forbeslife-cx_jz_0429realestate_slide_2.html?partner=yahoore