Major lenders like Bank of America, Wells Fargo and chase know that people want low mortgage rates so they just offer higher fees. Why pay additional points when getting your mortgage rate when you don’t have to? At Mylendingplace.com, we can get you the same low Austin mortgage rates without charging you additional points.
We’re a “No Point” lender! View our closing costs here! We can offer you the best mortgage rates with the lowest closing costs! Give us a call today! 512-996-8194
If you’d like more information regarding a Texas refinance or a home equity loan please call us at 512-996-8194
Bank of America, like most large banks, knows that people want low mortgage rates so they just offer higher fees. Why pay additional points when getting your mortgage rate when you don’t have to? At Mylendingplace.com, we can get you the same low Austin mortgage rates without charging you additional points.
Unlike major lenders like Bank of America, Wells Fargo and Chase, we’re a “No Point” lender! View our closing costs here!
The firm noted the rate for a 30-year fixed-rate mortgage during the period matched its all-time low, making it the fifth straight week the rate has averaged below 4%. The 30-year fixed-rate mortgage averaged 3.91% for the week ended Thursday, down from 3.95% the previous week and 4.77% a year ago. Rates on 15-year fixed-rate mortgages averaged 3.23%, down from 3.24% last week and 4.13% a year earlier.
The five-year Treasury-indexed hybrid adjustable-rate mortgage, or ARM, averaged 2.86%, down from 2.88% last week and 3.75% a year ago. One-year Treasury-indexed ARM rates averaged 2.8%, up from 2.78% the prior week, though below 3.24% last year. http://www.mylendingplace.com/
To obtain the rates, 30-year and 15-year fixed-rate mortgages required an average payment of 0.8 percentage point. Five-year and one-year adjustable-rate mortgages required an average 0.7 percentage point and 0.6 percentage point payment, respectively. A point is 1% of the mortgage amount, charged as prepaid interest.
Interested in a new home mortgage or refinancing an existing home mortgage? We can help! We can offer you the best mortgage rates with the lowest closing costs! Visit: Mylendingplace.com or Call us: 512-996-8194
Austin mortgage rates fell, reaching another record low despite signs the U.S. economy is recovering. The stock market had rallied earlier this week, as investors became more confident, but the optimism was short-lived.
The benchmark Texas 30-year fixed-rate mortgage fell 3 basis points this week, to 4.18 percent, according to the Bankrate.com national survey of large lenders. A basis point is one-hundredth of 1 percentage point. The mortgages in this week’s survey had an average total of 0.34 discount and origination points. One year ago, the mortgage index was 4.94 percent; four weeks ago, it was 4.24 percent. http://www.mylendingplace.com/
The benchmark Texas 15-year fixed-rate mortgage fell 4 basis points, to 3.4 percent. The benchmark 5/1 adjustable-rate mortgage fell 1 basis point, to 3.19 percent, and the 30-year fixed-rate jumbo fell 2 basis points, to 4.62 percent.
If you’d like more information regarding a Texas refinance or a home equity loan please call us at 512-996-8194
