Building a Home in Katy, Texas: How Does a Construction Loan Work?

At the outset, you need to understand that the application process of a home construction loan is not markedly different from the process involved in obtaining a more traditional Katy home mortgage loan. The differences between the two types of financing actually arise in the way the proceeds from the home loan are paid out. [...]

The Pros and Cons of Buying New Homes in Katy Texas

If you are considering the purchase of your first home or if you are interested in possibly moving into a different residence, you may be pondering whether or not you should focus on buying a new home. Let’s discuss the pros and cons associated with buying new homes in Katy, Texas. Of course, by purchasing [...]

Why arent Mortgage Loans Interest Rates Going Down with all of these Cuts?

CNNMoney.com A Fed rate cut could send some mortgage rates even higher Tuesday March 18, 5:01 pm ET By David Goldman, CNNMoney.com staff writer The Federal Reserve cut interest rates by three-quarters of a percentage point Tuesday, but don’t expect mortgage rates to go down too. In fact, home loans could be heading higher. Consider [...]