Houston Texas Mortgage: Today’s mortgage rates, divorce refinance, marriage refinance

Texas Mortgage and Refinance:  Helping all of Texas buy and refinance….for whatever reason!   (Wedding, Divorce, home improvement)

Mortgage rates are still good even though today’s current mortgage rates are a little higher.  Texas Mortgage rates are in the 5% range for the 30 year and 4.375-4.5% range for the 15 year mortgage rates.

Here’s a good article about mortgage rates:  

http://www.msnbc.msn.com/id/7148582/  

Or  if you follow inflation:  http://www.bankrate.com/brm/news/mtga/Jan2209_mortgage_analysis_a1.asp  Or maybe don’t read this article :) if you follow inflation.

When healthcare reform was passed lots of people cheered and many didn’t.  The “no-cheering section” is made up of people (like me) who know a thing or two about financial markets.    When the economy takes on debt to the tune of 1 trillion dollars this impacts the stock market/bond market negatively, or in short-mortgage rates go up.   Sung to the tune of “Aint’ no free lunch.”

Since Monday mortgage rates have gone up about .25%-.375%.    This is why I suggest you have really specific goals when refinancing your home or investment property.    Because just wanting “low rates” = frustration. Because today’s low rates are yesterday’s high rates!  

Call me and say “Jon, I’d like to refinance and want to save about $150/month and I want to recoup my closing costs in 18-24 months so I can consoldiate my debt into a single tax deductible note becasue many experts feel rates will go up and I don’t want my non-tax deductible debt like credit cards to go up with this“    Music to my ears.  Yes, I sleep alone!

Or just call and say “Hey dude, I want to buy a home and only have 5% to put down.”   Yes we do simple loans too!  My email is jon@mylendingplace.com

Or revisit www.mylendingplace.com and click on the green “apply online” button–this is the first step in any loan process.  BTW, it takes around 30 days to close and no we don’t charge application fees.  Or points.   Yes, we’ll pull credit.  And yes, we post our closing costs on the website (www.mylendingplace.com) so if you just want to see our fees check out that PDF.  

Or give us a call at and let us crunch the numbers for you.  We suggest it only makes sense to refinance if one is going to recoup their closing costs within 24 months or less.    But you might have your own goals!  Tell us what they are and we’ll see what we can do to help meet those.  

We help lots of people buy homes up to 95% with NO PMI.  Call us if you want a 80/15 mortgage loan or perhaps a cash out equity loan.  We do lots of Texas cash out loans–and remember we can only do an 80% LTV loan so the appraisal is super-duper important.

We are helping an attorney right now who’s refinancing his home to pay for daughter’s wedding via Texas cash out refinance.   What a great dad!   And we are also helping a guy who’s going thru a divorce and needs a divorce refinance to get his ex-wife off the note.  So we help everybody with their specific, unique goals.  What are yours?

Regardless if you’re getting married, getting divorced or just need to buy a second home  we can help!  And we help people all over Texas…and now we help people all over the country since we are a now lic in 47 states.   So I guess we are a nationwide company…but with a small company feel.  

If you’d like more information regarding a Texas refinance or a home equity loan, 8/15, no PMI mortgage  please call us at 512-996-8194

Austin Refinance | Dallas Refinance | Houston Refinance | El Paso Refinance

Texas FHA VA Mortgage Rates

 

Picture Credit:  http://www.flickr.com/photos/susana12/2144699892/

Check us out on Youtube:  http://www.youtube.com/watch?v=6o92Py7tV2k