Categories for Mortgage

5 Tips for Starting Your Home Search

In today’s real estate market, with low inventory dominating the conversation here in Central Texas, it can often be frustrating to be a homebuyer if you aren’t prepared. However, fall and early winter is probably the best time of the year to be a homebuyer. Why? There are fewer buyers ...

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What You Need to Know About Flood Insurance in Central Texas

In the year since Hurricane Harvey devastated the Texas and Louisiana coasts, homeowners have had to reconsider the way they think about flooding. Thousands suffered evacuation from over 200,000 homes across the region, three-fourths of which lived outside of the existing 100-year floodplains. What did most of these property owners ...

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Do Rising Mortgage Rates Lead to Falling Home Prices?

Recently, Freddie Mac published an Insight Report titled Nowhere to go but up? How increasing mortgage rates could affect housing. The report focused on the impact the projected rise in mortgage rates might have on the housing market this year. Many believe that an increase in mortgage rates will cause ...

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How Do Rising Interest Rates Affect My Purchasing Power?

With interest rates on the rise, buyers have been asking, “How do higher interest rates really affect my monthly payment?” The answer might surprise you. In this example, we’re starting with a $300,000 loan amount on a 30-year fixed mortgage. At a 3.75% interest rate, the monthly payment would be ...

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