Mortgage Loans Texas: What are the current mortgage loan rates in Austin?

Mortgage Loans Texas: What are the current home mortgage loan rates in Austin?  Are you interested in getting the best Texas mortgage loan rates and the lowest closing costs? Whether you’re interested in a new home mortgage loan or refinacing an existing mortgage loan, We can help you today!  We’re a local Austin mortgage company that can asssist you with your mortgage refinance needs.

Give us a call today!              Austin: 512-996-8194              Houston: 713-589-2244

Texas Mortgage Loan Rates in Austin as of 06/12/2009

Mortgage Rate                                                         Interest Rate APR 
Texas Conforming Home Loans and FHA Home Loans: 
Current 30-Year Fixed Mortgage Rates          5.750%   5.950%
Current 30-Year Fixed FHA Mortgage Rates 6.000%   6.773%
Current 15-Year Fixed Mortgage Rates          5.250%   5.583%

Texas Conforming Home Loans and FHA Home Loans: 
(Larger Loan Amounts in Eligible Areas)
Current 30-Year Fixed Mortgage Rates          5.875%   6.021%
Current 30-Year Fixed FHA Mortgage Rates 6.125%   6.844%

Texas Jumbo Home Loans – (Amounts that exceed $417,000)
Current 30-Year Fixed Mortgage Rates          6.375%   6.525%

Texas Mortgage Refinance Home Equity Loan

   Get a FREE Term Life Insurance Texas quote!                                                 Visit: http://texastermlife.com/life-insurance-quote/ 

Texas Mortgage Refinance Rates: Should you refinance your Austin home mortgage?

Texas Mortgage Refinance Rates:  Should you refinance your Austin home mortgage?  The current Texas home mortgage rates have increased slightly from their record lows. If you’ve been thinking of home mortgage refinancing, you need to act NOW!  We’re a local Austin mortgage company that can assist you with your new home mortgage or existing home mortgage refinance. Give us a call today and we’ll get started today! 

                                         Austin: 512-996-8194                                          Houston: 713-589-2244

                                           Austin’s Current Mortgage Refinance Rates as of 6/02/09
                                                  Mortgage Rate                                          Interest Rate       APR
Texas Conforming Home Loans: 
Current Texas 30-Year Fixed Mortgage Rate    5.375%     5.593%
Current Texas 20-Year Fixed Mortgage Rate    5.500%     5.795%
Current Texas 15-Year Fixed Mortgage Rate    4.875%     5.241%

Texas Jumbo Home Loans: (Amounts that exceed $417,000) 
Current Texas 30-Year Fixed Mortgage Rate    6.375%     6.525%

Texas FHA Home Loans: (loan limits vary by county)
Current Texas 30-Year Fixed Mortgage Rate    5.500%     6.170%

Texas Mortgage Refinance Home Equity Loans

Give us a call today!     Austin: 512-996-8194     Houston: 713-589-2244

Get a FREE Term Life Insurance Texas quote! Visit: http://texastermlife.com/life-insurance-quote/

Mortgage Rates Texas: Are home refinance rates increasing in Austin?

Mortgage Rates Texas: Are home refinancing rates increasing in Austin?  Are you interested in the current Texas home refinance rates?  Are you in interested in refinancing at a lower mortgage rate?  We’re a local Austin mortgage company helping people all over Texas accomplish their mortgage refinance goals. Give us a call today!  Austin: 512-996-8194  Houston: 713-589-2244

Today’s Austin Mortgage Rates as of 05/29/2009 
Mortgage Rate                     Interest Rate  APR
Texas Conforming Home Loans 
Today’s 30-Year Fixed Rate   5.375%   5.593%
Today’s 20-Year Fixed Rate   5.375%   5.669%
Today’s 15-Year Fixed Rate   4.875%   5.241%

Texas Jumbo Home Loans: (Amounts that exceed $417,000)
Today’s 30-Year Fixed Rate    6.375%   6.525%

Texas FHA Home Loans: (loan limits vary by county) 
Today’s 30-Year Fixed Rate   5.500%   6.170%

Texas Mortgage Home Equity Loan

Mortgage applications fell 14.2% last week:

http://www.marketwatch.com/story/mortgage-applications-fell-142-last-week-mba

(MarketWatch) — Mortgage applications filed last week fell a seasonally-adjusted 14.2% last week, compared with the week before, as rates on 30-year fixed-rate mortgages ticked up, according to the Mortgage Bankers Association’s weekly survey, released on Wednesday. Applications were up 28.5% for the week ended May 22, compared with the same week in 2008. The MBA survey covers about one-half of all U.S. retail residential mortgage applications.

 http://www.bloomberg.com/apps/news?pid=newsarchive&sid=anjQYRxlHFvQ

Refinance applications were down an unadjusted 18.9% last week, compared with the week before. Applications for mortgages to purchase a home were up a seasonally adjusted 1.0%, compared with the previous week. The four-week moving average for all mortgages was down 4.7%.  http://www.mylendingplace.com/mortgage-rates/

Applications to refinance an existing loan made up a 69.3% share of all activity, compared with 73.6% the previous week. And applications for adjustable-rate mortgages made up a 2.6% share of all activity, up from 2.4% the previous week.

Rates on 30-year fixed-rate mortgages averaged 4.81% last week, up from 4.69% the previous week, with average points increasing to 1.28 from 1.13. A point is 1% of the mortgage amount, charged as prepaid interest.

http://www.zillow.com/Mortgage_Rates/

Fifteen-year fixed-rate mortgages averaged 4.44%, unchanged from last week, with points increasing to 1.16 from 1.01. And 1-year ARMs averaged 6.55%, up from 6.38%, with points increasing to 0.12 from 0.10.

 Get a FREE Texas Term Life Insurance quote at http://texastermlife.com/life-insurance-quote/

Austin’s 30/15 Year Fixed Mortgage Refinance Rates FALL

As rates continue to fall, we continue to help Texas homeowners with their Fixed Mortgage Refinance Rates and Home Equity Loan needs. We can help you: CALL US in Austin 512-996-8194 or Houston 713-589-2244.

         as of 02/17/2009                                     
Mortgage Rate                     Interest Rate    APR
Conforming Loans 
30-Year Fixed Mortgage Rate   5.000%         5.213%
20-Year Fixed Mortgage Rate   5.125%         5.416%
15-Year Fixed Mortgage Rate   4.750%         5.115% 
Texas Jumbo Loans – Amounts that exceed $417,000 
30-Year Fixed Mortgage Rate   6.625%         6.778%
Texas FHA – loan limits vary by county. 
30-Year Fixed Mortgage Rate   5.500%         6.170% 

Texas Mortgage Refinance Home Equity Loan                                                

Mortgage Rates Continue To Fall In Uncertain Times:

http://www.bankrate.com/brm/static/mortgage-analysis.asp

Mortgage rates fell this week as investors wondered what the Obama administration will do to fix the broken banking system.

The drop in rates occurred Tuesday afternoon, in the hours after Treasury Secretary Tim Geithner delivered a speech that was low on details about the administration’s financial rescue plan. Geithner said the government is still hatching a $50 billion plan to prevent foreclosures and a bigger proposal to create an entity that would buy troubled assets from banks.   

        http://online.wsj.com/article/SB123435812693672823.html?mod=yahoo_hs&ru=yahoo           

Investors apparently wanted to hear specifics. When Geithner didn’t provide specifics, investors sold stocks and bought bonds. Yields went down, and so did mortgage rates.

The benchmark 30-year fixed-rate mortgage fell 36 basis points, to 5.34 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 0.37 discount and origination points. One year ago, the mortgage index was 5.96 percent; four weeks ago, it was 5.28 percent.      

The benchmark 15-year fixed-rate mortgage fell 28 basis points, to 5.03 percent.

The benchmark 5/1 adjustable-rate mortgage fell 13 basis points, to 5.37 percent.

http://mylendingplace.com/

             CALL US in Austin today: 512-996-8194

                                     OR

           We are also in Houston: 713-589-2244