Tomball, Tx New Homes

Currently, the 30-year fixed mortgage rate on Zillow Mortgage Marketplace is 3.69 percent, down three basis points from 3.72 percent at this same time last week.

After increasing to 3.77 percent on Wednesday, the 30-year fixed mortgage rate remained between 3.7 and 3.74 percent for the remainder of the week, decreasing to the current rate early this morning.

Erin Lantz, director of Zillow Mortgage Marketplace, stated, "Mortgage rates ended the month near all-time lows which is good news for those looking to refinance or purchase a home. This coming week, we expect rates to remain fairly steady unless Friday’s Employment Situation Report falls outside of expectations."

Zillow’s real-time mortgage rates are based on thousands of custom mortgage quotes submitted on a daily basis to anonymous borrowers on the Zillow Mortgage Marketplace site, and reflect the most recent changes in the market.

These are not marketing rates, or a weekly survey.

Currently, the rate for a 15-year fixed home loan is 2.97 percent, while the rate for a 5-1 adjustable-rate mortgage is 2.62 percent.

Source: yahoo.com

The average rate on the 30-year fixed mortgage has decreased to near its record low, keeping home-buying and refinancing affordable.

According to mortgage buyer Freddie Mac, the rate on the 30-year loan dropped to 3.88 percent this week, slipping from 3.9 percent.

In February, the rate reached 3.87 percent, the lowest since long-term mortgages started in the 1950s.

For home buyers, the 30-year loan is the most common financing option.

The average on the 15-year fixed-rate mortgage decreased to 3.12 percent, which is down from 3.13 percent last week.

The national average reached an all-time low of 3.11 percent two weeks ago.

Source: builderonline.com

The average rate on the 30-year fixed mortgage dropped near its all-time low this week, making home-purchasing and refinancing a bargain for those who can qualify.

According to mortgage buyer Freddie Mac, the rate on the 30-year loan decreased to 3.88 percent from 3.98 percent.

That’s above the rate of 3.87 percent reached in February, which is the lowest since long-term mortgages started in the 1950s.

The 15-year mortgage slipped to a fresh low of 3.11 percent from 3.21 percent last week.

Source: mercurynews.com

According to mortgage buyer Freddie Mac, the average interest rate on the 30-year loan fell to 3.98% from 3.99% last week.

In February, the rate reached 3.87%, lowest since long-term mortgages started in the 1950s.

The average rate on 15-year fixed mortgages also decreased, to 3.21% from 3.23%.

That’s above the record low of 3.13% reached last month.

Mortgage rates have been under 4% for all but one week since early December.

In order to calculate average rates, Freddie Mac surveys lenders across the nation Monday through Wednesday each week.

The average rates don’t include extra fees, known as points, which the majority of borrowers must pay to get the lowest rates.

One point equals 1% of the loan amount.

The average fee for the 30-year fixed loan was 0.7.

For the 15-year fixed loan, the average slipped to 0.7 from 0.8.

For the five-year adjustable loan, the average rate decreased to 2.86% from 2.90%, and the average fee was unchanged at 0.8.

The average on the one-year adjustable loan remained unchanged at 2.78%, and the average fee was unchanged at 0.6.

Source: usatoday.com

The average U.S. rate on the 30-year fixed mortgage fell under 4 percent this week, staying near historic lows.

Acording to mortgage buyer Freddie Mac, the rate on the 30-year loan slipped to 3.99 percent from 4.08 percent last week.

Last month, the rate reached 3.87 percent, the lowest since long-term mortgages began in the 1950s.

The average rate on the 15-year fixed mortgage dropped to 3.23 percent.

That’s down from 3.30 percent last week and above the record low of 3.13 percent reached earlier this month.

The low rates have made home-purchasing and refinancing more affordable at a time when the housing market is showing signs of improvement.

In order to calculate the average rates, Freddie Mac surveys lenders across the nation on Monday through Wednesday of each week.

The average rates don’t include extra fees, known as points, which the majority of borrowers must pay to get the lowest rates.

1 percent of the loan amount equals one point.

The average fee for the 30-year fixed loan was 0.7, while the average was 0.8 for the 15-year fixed loan.

For the five-year adjustable loan, the average rate decreased to 2.90 percent from 2.96 percent, and the average fee was unchanged at 0.8.

The average on the one-year adjustable loan slipped to 2.78 percent from 2.84 percent, and the average fee was unchanged at 0.6.

Source: builderonline.com

The average rate on the 30-year mortgage dropped this week to hover again above record lows.

Cheaper rates have caused modest improvements in the housing market.

According to mortgage buyer Freddie Mac, the rate on the 30-year home loan decreased to 3.90 percent from 3.95 percent the previous week.

That’s above the 3.87 percent average rate reached two weeks ago, which was the lowest since long-term mortgages started in the 1950s.

The average on the 15-year fixed mortgage slipped to 3.17 percent from 3.19 percent a week ago.

It reached a record 3.14 percent four weeks ago.

Mortgage rates have been under 4 percent for over three months.

That has made home-purchasing and refinancing more attractive for those who can qualify.

Source: courierpostonline.com

The following is a list of restaurants and retailers that recently opened or signed new leases in the Houston, Tx area:

CENTRAL
– Schlotzsky’s, located at 76 Yale Street.
- Terry Lee DDS, located at 3800 North Shepherd

EAST
– Peter Piper Pizza, located at 6223 E. Sam Houston Parkway N. on Beltway 8 at Wallisville Road
- Tamalae Strange, located at 6 Uvalde

SOUTHWEST
– Guru Kitchen, located at Sugar Land Town Square

WEST
– Tracy and Lee Nails, located at 811 South Mason Road
– Gold Max of Texas, located at 6505 Westpark

Source: chron.com

According to the latest release of the S&P/Case-Shiller Home Price Indices, the national composite, the 10-city, and the 20-city reached new index lows in December.

The national composite, which covers all U.S. Census divisions, dropped by 3.8% during the fourth quarter of last year and was down 4.0% on an annual basis.

The 10- and 20-city composites decreased 1.1% in December from the previous month and registered year-over-year losses of 3.9% and 4.0%, respectively.

Recently, the Federal Housing Finance Agency’s home price index has shown home prices stabilizing.

The discrepancy may be attributed to the kinds of mortgages tracked in each index, according to Patrick Newport, U.S. economist at IHS Global Insight, in a release regarding the numbers.

Source: builderonline.com

According to Bankrate.com’s weekly national survey, the average rate on the benchmark 30-year fixed mortgage rate decreased to a new low of 4.1 percent.

The average 30-year fixed mortgage has an average of 0.35 origination and discount points.

The average 15-year fixed mortgage dropped to 3.35 percent, while the jumbo 30-year fixed mortgage grewto 4.56 percent.

Adjustable mortgage rates were mostly lower, with the average 3-year ARM falling to a record low of 3.23 percent, while the 5-year adjustable slipped to 3.03 percent.

November 2008 was the last time mortgage rates were above 6 percent.

At the time, the average 30-year fixed rate was 6.33 percent, signifying a $200,000 loan would have carried a monthly payment of $1,241.86.

With the average rate now 4.10 percent, the monthly payment for the same size loan would be $966.40, which is a difference of $275 per month for anyone refinancing now.

Source: yahoo.com

Currently, the 30-year fixed mortgage rate on Zillow Mortgage Marketplace is 3.66 percent, which is down six basis points from 3.72 percent at this same time last week.

This represents the lowest rate reported since Zillow Mortgage Marketplace began in April 2008.

The previous low was 3.69 percent, first reported on Tuesday, January 17.

The 30-year fixed mortgage rate reached 3.7 percent on Friday.

Erin Lantz, director of Zillow Mortgage Marketplace, stated "Despite strong employment figures released on Friday, which often give a sustained boost to mortgage rates, the thirty-year fixed mortgage rate has remained historically low, hovering in an extremely narrow band between 3.65 and 3.7 percent for the past week. Although European headlines may drive more volatility in the coming week, we expect rates will stay near this range."

Zillow’s real-time mortgage rates are based on thousands of custom mortgage quotes submitted on a daily basis to anonymous borrowers on the Zillow Mortgage Marketplace site, and show the most recent changes in the market.

These are not a weekly survey, or marketing rates.

Currently, the rate for a 15-year fixed home loan is 3.01 percent, while the rate for a 5/1 adjustable-rate mortgage is 2.7 percent.

Source: yahoo.com