Houston Refinance
Refinancing in Houston area
Archive for May, 2010
Mortgage Rates Back Near Record Low
May 28th
The stock market trouble and the European debt crisis are things easier for American homebuyers and families looking to refinance. This is due to mortgage rates inching closer to a record low.
However, this window of opportunity may close soon due to rising home loan rates. This will occur if investors grow more confident and shift money out of the safety of government bonds. These bonds are what influence mortgage rates.
Despite the threat of the window closing soon, rates are tantalizingly low at the moment. The average 30-year fixed-rate loan sank to 4.78 percent this week. That is the lowest this year and barely above the record of 4.71 percent, which was set in December. In addition, 15-year loans are at their lowest rates in two decades. Read the rest of this entry »
Mortgage Refinance Rates: 30 Year Refinance Rates at 4.95%
May 13th
Mortgage refinance rates are lower again this week in our latest refinance mortgage rates survey. 30 year mortgage refinance rates are averaging 4.95 percent this week, down from the previous week’s average 30 year refinance mortgage rate of 5.03 percent.
Refinance rates have been slowly going lower since mid April. Lower mortgage refinance rates drove demand for refinancing higher in the latest Refinance Index survey released by the Mortgage Bankers Association. The Refinance Index, which is a measure of mortgage applications for refinancing jumped 14.8 percent.
10 year U.S. Treasury yields were also lower last week as investors fled the Euro and bought Treasuries. The European Union and the IMF finally put together a rescue package for Greece.
15 year refinance mortgage rates were also lower this week over last. The current average 15 year mortgage refinance rate is averaging 4.35 percent, down from last week’s average 15 year mortgage rate of 4.42 percent.
Peyton Financial Mortgage Joins Houston-Refinance.com
May 7th
Houston-Refinance.com would like to welcome our newest partner; Roger Young with Peyton Financial Mortgage, Inc.
Roger Young’s clientele includes people with many different backgrounds. His schedule is flexible to accommodate the demanding lives of people today. Roger loves helping first-time buyers, easing their worries and fears and helping them get a foot in the door to home ownership. He takes pride in his/her reputation as an honest, straightforward professional and he knows that you need to hear the truth about your loan—not a lot of hype. With Roger, your questions are listened to and you get straight answers.
Roger’s clients know that with him they get a loan officer who generates more than business—Roger generates results. That’s why so many come back for his help again and again, and refer their friends and family to him. Roger not only strives to do the best for his clients, but also goes the extra mile to make sure they get the service.
Repeat business is solid evidence of doing things right. Many of Roger’s clients have been clients for a long time, and they return to Roger for all their loan needs. When all is said and done, you’ll look back on your experience with Roger knowing that he gave you the whole picture with none of the details left out.
