What’s Happening In The Houston Mortgage Market?
Are you hoping to see the market roll-back a few months so you can lock in your Houston mortgage at the super low rates we saw only a few months ago? Please tell me that’s not the situation you’re in right now.
Hopefully you haven’t been sitting on the sidelines with your dream house in your crosshairs, but waiting for the rates to come back down to where they were back in April and May. Seriously, if this describes you, and there is a house that you want to buy and you know that you are qualified, have the down payment money ready, your credit is in good shape, etc etc… don’t sit around hoping to see those mortgage rates of 4.5% to 5% again any time soon (if ever again at all).
The same goes if you happen to be considering a Houston refinance. Rates are still low on an overall historic scale, so don’t let the fact that you probably missed the very bottom of the barrel pricing. Just lock your loan and move forward. In fact, I have a video here that should help make things a bit more clear for you if they’re not crystal clear quite yet. I hope it helps.
