AUSTIN TEXAS MORTGAGE RATES:  Today’s mortgage rates are lower than last week’s rates.  (July 14,2008)

Austin Texas: Is it a good time to refinance your home loan?   Are cash out refinance loans still a good idea? 

Today’s 30 year fixed mortgage rate is 6.25% and the 15 year mtg rate is 5.75%.    This might be a great time to refinance or look into a home equity loan (debt consolidation).    My clients save, on average, of $400 per month when they get a home equity loan.  

Texas Mortgage Refinance Home Equity Loan Application (We serve the entire state of Texas) 512-996-8194

30-Year Fixed Mortgage 6.250% 6.480%
20-Year Fixed Mortgage 6.250% 6.554%
15-Year Fixed Mortgage 5.750% 6.126%
5-Year ARM 6.125% 5.967% Read the rest of this entry »

 Texas Home Equity Loans | “Cash Out” mortgage Refinance | Austin, Texas

Home equity loans are used when you want to borrow a specific dollar amount against the equity in your home, and are available on both homestead and non-homestead properties. A homestead property is generally considered your primary residence in Texas. A non-homestead property is typically a second/vacation home, or a rental/investment property.

One can pull cash out of their primary residence as well as their investment property.  

The money can be used for a variety of purposes, such as refinancing, home improvements, debt consolidation, vacations, and more.

Texas Mortgage Refinance Application Read the rest of this entry »

Austin Texas Mortgage Rates Today’s Texas Current Mortgage Rates (May 2, 2008) Austin, Texas

Now might be a great time to refinance your home loan or pull “cash out” with a home equity loan. Both the 30 and 15 year home loan rates are below 6%.

We do home loans all over Texas and are based out of Austin, Tx.   Please call us now at 512-996-8194.

Mortgage Rates change all the time, however Today’s 30 year mortgage rate is between 5.875%-6.00% depending on your credit. The lowest mortgage rate is the 15 year rate at 5.37%-5.5%. Of course, if you want a 10 or 20 year home loan, we offer these too.

If you currently have a 30 year mortgage and would like to refinance to a 15 year loan please call my office at 512-996-8194. Mylendingplace.com

Now that gas prices are moving towards $4.00 gallon you may want use these low rates to redo your entire financial situation. Refinance your home to a lower rate, move from a 30 year mortgage to a 15 year home loan, and and pull cash out to pay off all your non-tax deductible debt. Read the rest of this entry »

Austin Texas Refinance Mortgage Rates:  

Refinances, Texas Home Equity Loans | 100% loans | Traditional Fannie Mae Loans 5-10% doan

We serve all of Texas, from Austin  512-577-2958

  jon@mylendingplace.com

Recent economic news is pushing mortgage rates down:   Remember, bad economic rules tends to lower mortgage rates.  Today’s headlines are about the payroll report:

http://biz.yahoo.com/ap/080201/economy.html

Mortgage Rates are at a 2 year low.   So this is a great time to buy or refi.   The lowest Rates are on the 15 year which appear to be bouncing in the 5% range.   30 year Fixed rates are 5.625-6%.  

Read the rest of this entry »