Houston Refinance: Big News But Rates Remains Stable

Houston Refinance: Big News But Rates Remain Stable

Contact me, Frank Zhu, and let me help you find the lowest rate in Texas when it comes to mortgage. I’m bilingual in English and Chinese. Give me a call at 512-919-0154 for your mortgage needs.

Today, Schiller index released their data about the current housing market. It is not good. The house market is headed for a deceleration of home price recovery. The prices of homes are continually getting slashed, affecting everyone from the seller, the buyer and even other home owners(think about the appraisal value when you refinance your house). A least it is still a good time to purchase a home if you have the money and the credit to do. With interest rate still at its lowest in years, take advantage of this opportunity.

The rates have been fairly stable throughout today. There is not much change in the day. Check out what the Bank of America is offering for a 30 years fixed rate today. We offer the same rate but without the one origination point charge. We only charge a flat $500 fee. So whether you are looking for a $200,000 loan($2,000) or a $100,000 loan($1,000), we got your back on save those fees. Check out our estimated costing costs document to get a better sense of what you are paying.

When it comes to shopping for a mortgage, it is important to consider both the rate and the closing costs as a whole. We can give you the best rate you can find, but if the closing costs are huge, you won’t like us very much. That’s why it is important for us to find you a rate that you will like as well as a reasonable closing cost that isn’t going to cost you a leg. When you are comparing two Good Faith Estimate, compare the rate and the closing costs side by side, and decide which one has the best deal that suits your goal.

We also offer “no cost” refinance. Contact me, Frank Zhu, and let me help you find the lowest rate in Texas when it comes to your mortgage. I’m bilingual in English and Chinese. Give me a call at 512-919-0154 for your mortgage needs.

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