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Updated Mortgage Rates

30 Year Fixed:                        4.875   %

15 Year Fixed:                        4.25     %

USDA 30 Year:                        5.25     %

FHA 30 Year                            4.75     %

VA 30 Year:                             5.0       %

5 Yr ARM                                 3.75     %

Jumbo 30 Year Fixed:            5.5       %

Jumbo 3 Yr ARM:                    4.0       %

30 Year Home Equity:            5.25     %

TDHCA Bond 70                      5.75     %

Remember, your interest rate could be higher, it all depends on your credit, debt to income ratio and available cash on hand for a down payment, plus other factors. Contact a lender to find out what you would pay.

Rates courtesy of John Schutze

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Mortgage Rates Have Increased!

30 Year Fixed:                        5.125   %

15 Year Fixed:                        4.5       %

USDA 30 Year:                        5.375   %

FHA 30 Year                            5.0       %

VA 30 Year:                             5.25     %

5 Yr ARM                                 3.75     %

Jumbo 30 Year Fixed:            5.75     %

Jumbo 3 Yr ARM:                    4.125   %

30 Year Home Equity:            5.25     %

TDHCA Bond 70                      5.75     %

Remember, your interest rate could be higher, it all depends on your credit, debt to income ratio and available cash on hand for a down payment, plus other factors. Contact a lender to find out what you would pay.

Rates courtesy of John Schutze

Contact Me

Search Austin Homes

Updated Mortgage Rates

30 Year Fixed:                        4.875   %

15 Year Fixed:                        4.25     %

USDA 30 Year:                        5.25     %

FHA 30 Year                            4.875   %

VA 30 Year:                             4.875   %

5 Yr ARM                                 3.75     %

Jumbo 30 Year Fixed:            5.625   %

Jumbo 3 Yr ARM:                    4.0       %

30 Year Home Equity:            5.0       %

TDHCA Bond 70                      5.75     %

Remember, your interest rate could be higher, it all depends on your credit, debt to income ratio and available cash on hand for a down payment, plus other factors. Contact a lender to find out what you would pay.

Rates courtesy of John Schutze

Contact Me

Search Austin Homes

Mortgage Rates With Little Changes

30 Year Fixed:                        4.875   %

15 Year Fixed:                        4.375   %

USDA 30 Year:                        5.25     %

FHA 30 Year                            4.875   %

VA 30 Year:                             4.875   %

5 Yr ARM                                 3.75     %

Jumbo 30 Year Fixed:            5.625   %

Jumbo 3 Yr ARM:                    4.0       %

30 Year Home Equity:            5.0       %

TDHCA Bond 70                      5.75     %

Remember, your interest rate could be higher, it all depends on your credit, debt to income ratio and available cash on hand for a down payment, plus other factors. Contact a lender to find out what you would pay.

Rates courtesy of John Schutze

Contact Me

Search Austin Homes

Updated Mortgage Rates

30 Year Fixed:                        4.875   %

15 Year Fixed:                        4.375   %

USDA 30 Year:                        5.25     %

FHA 30 Year                            5.0       %

VA 30 Year:                             5.0       %

5 Yr ARM                                 3.75     %

Jumbo 30 Year Fixed:            5.75     %

Jumbo 3 Yr ARM:                    4.0       %

30 Year Home Equity:            5.0       %

TDHCA Bond 70                      5.75     %

Remember, your interest rate could be higher, it all depends on your credit, debt to income ratio and available cash on hand for a down payment, plus other factors. Contact a lender to find out what you would pay.

Rates courtesy of John Schutze

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HUD Has Waived The Anti-Flip Rule.

Rumors have been flying around about this for a few days, but it looks like it’s true. So all of you savvy house flippers can get back to work!

http://www.hud.gov/offices/hsg/sfh/waivpropflip2010.pdf

You can search for foreclosures on this website, simply got to the Search Austin Homes Tab.

Same Rates, Different Week

30 Year Fixed:                        5.0       %

15 Year Fixed:                        4.375   %

USDA 30 Year:                        5.25     %

FHA 30 Year                            5.0       %       

VA 30 Year:                             5.125   %

5 Yr ARM                                 3.875   %

Jumbo 30 Year Fixed:            5.875   %

Jumbo 3 Yr ARM:                    4.25     %

30 Year Home Equity:            5.125   %

TDHCA Bond 70                      5.75     %

Remember, your interest rate could be higher, it all depends on your credit, debt to income ratio and available cash on hand for a down payment, plus other factors. Contact a lender to find out what you would pay.

Rates courtesy of John Schutze

Contact Me

Search Austin Homes

Mortgage Rates!

30 Year Fixed:                        5.0       %

15 Year Fixed:                        4.375   %

USDA 30 Year:                        5.25     %

FHA 30 Year                            5.0       %

VA 30 Year:                             5.125   %

5 Yr ARM                                 3.875   %

Jumbo 30 Year Fixed:            5.875   %

Jumbo 3 Yr ARM:                    4.25     %

30 Year Home Equity:            5.125   %

TDHCA Bond 70                      5.75     %

Remember, your interest rate could be higher, it all depends on your credit, debt to income ratio and available cash on hand for a down payment, plus other factors. Contact a lender to find out what you would pay.

Rates courtesy of John Schutze

Contact Me

Search Austin Homes

Buying A Condo?

Are you planning to use FHA financing? If so, you should add an extra two or three weeks to your search time. Your loan officer has to send a package of paperwork about the loan and the condominium community to HUD for approval, this can take a while; one of our in house lenders sent a package in at the end of October and still hasn’t been approved.

Just a heads up!

 

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This Month In Real Estate December 2009