Posted on February 28th, 2008 by katyfamilyhomes.com
Freddie Mac anticipates refi slowdown Thursday, February 28, 2008 Inman News Mortgage rates were up again this week, Freddie Mac reported today, as concerns about inflation and continued turmoil in credit markets stoked the fire under long-term interest rates. The average rate on 30-year fixed-rate mortgages jumped to 6.24 percent this week from 6.04 percent [...]
No Comments »
Filed under: Economy/Market, Katy Family Homes, Lenders
Posted on February 28th, 2008 by katyfamilyhomes.com
Economist: Housing Affordability Will Lead to Texas Boom By Alton Gary Simpson COLLEGE STATION, TEXAS – Housing affordability will be the “most significant growth stimulant” for Texas over the next 25 years, according to Dr. Jim Gaines, research economist for the Real Estate Center at Texas A&M University. In mid-2007, the median sales price of [...]
No Comments »
Filed under: Economy/Market, Katy Family Homes
Posted on February 26th, 2008 by katyfamilyhomes.com
One only needs to watch the news to see the importance of doing his or her research on mortgages and home loans before buying a home. The papers are full of homes for sale that have been foreclosed on by the banks or defaulted on by the buyer. This is a sign to all of [...]
No Comments »
Filed under: Katy Family Homes, Lenders
