Mortgage Rates Austin Texas-is the 30 year fixed rate going up?

Today’s Texas 30 year fixed rate

30-Year Fixed Mortgage Rate 6.375% 6.987%
20-Year Fixed Mortgage Rate6.75% 7.060%
15-Year Fixed Mortgage Rates 6.00% 6.631%

Austin Texas Jumbo Loans Home Loans

30-Year Fixed 8.250% 8.418%
15-Year Fixed 7.750% 8.009%

Remember, mortgage rates tend to go up when there is positive economic news and down with negative economic news.  

Was I the only one who filled my tank up on concerns over fuel prices?   Fortunately, Gustav didn’t cause near the damage that Katrina did.  

And the overall market tone is postive.   This is why mortgage rates opened up .125% over Friday.

PHONE:  512-996-8914, www.mylendingplace.com

http://mylendingplace.com/mortgage/rates/30-year-fixed-rates/

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Home Equity Loan Austin Texas | Texas Mortgage Refinance

Home Equity Loan Texas | Current Mortgage Rates | Texas 30 year 15  years fixed rates

Home Equity Loans, Austin Texas:  I recently helped a client get out of debt with a home equity loan.   They’ll save over $900/month.  Now they have much more room in their monthly budget.  

With the current 30 year fixed rates around the 6.00% range and the 15 year fixed rate in the 5.25%  range (May 2008), this may be a good time to refinance your home or investment property and get out of consumer debt at the same time.  

If you have property in Texas and want to buy or refinance, call 512-996-8194 or email jon@mylendingplace.com

Please complete the free, no-obligation Texas Home Equity Home Loan Application.

Thinking of refinancing your home or investment property?  Want to lower you mortgage rate, move from a 30 year mortgage to a 15 year fixed rate, or consolidate high interest consumer debt and save hundreds of dollars each month.   Gas prices aren’t likely to come down but your total monthly expenses can by refinancing your home or investment property.     (more…)