Lower Rates Expected for a 30-Year Mortgage in Houston, TX

"The US housing market seems largely unfazed by the Federal Reserve's plan to reduce its bond purchases. According to Fox Houston, this move had, in fact, reduced the average rates of 30-year fixed mortgages by as much as 4.37 percent. This is certainly good news for any first-time home buyer applying for a mortgage in Houston, TX. Such an event also continues the overall positive trend in the housing market that started in late 2012. Even better, this rate reduction also applies to 15-year and 5-year mortgage plans that have dropped by 0.1 and 0.09 percent, respectively. Interested buyers in search of the best mortgage plans, as well as those who wish to refinance their current mortgages, may want to act soon and tap the services of mortgage companies like Churchill Mortgage Corporation. "
http://houston.churchillmortgage.com/industry-news/lower-rates-expected-for-a-30-year-mortgage-in-houston-tx/

Essential Advice from a Trusted Houston Mortgage Lender

"mortgage and how the average consumer can get the most out of it. Written by the chairman of the Houston Association of Realtors himself, Danny Frank, the article offers an in-depth look at the breakdown of mortgage payments. Among other things, Frank stresses that homeowners should determine how much they can afford to borrow to avoid any trouble. Obtaining a mortgage loan isn't solely about securing the actual amount you need to purchase a home as it also involves finding a reasonable installment plan that won't leave you financially crippled or broke. Buyers must not rush headlong, and should instead weigh their loan options carefully before committing to anything. It all ultimately boils down to picking a trustworthy mortgage lender from Houston."

http://houston.churchillmortgage.com/industry-news/essential-advice-from-a-trusted-houston-mortgage-lender/

Fulfill the American Dream with Affordable Houston Home Loans

"Zachary A. Goldfarb of the Washington Post reported last April that the Obama administration is determined to make home loans more accessible, especially to people with weaker credit. Officials hope that this move will finally trigger the much-anticipated economic recovery for a greater number of Americans. However, skeptics believe that this may once again open the door to risky lending practices that paved the way for the housing crash just a few years ago. The sub-prime mortgage crisis may have dealt a harsh lesson to both banks and borrowers, yet many Americans in big cities like Houston have never stopped dreaming of living in their own homes. In fact, quite a number of home mortgage providers in Texas' largest city remain viable enterprises. With this recent development, the chances of getting approved for affordable Houston home loans have become even greater."

http://houston.churchillmortgage.com/industry-news/fulfill-the-american-dream-with-affordable-houston-home-loans/

Mad Rush for Houses: Mortgage Companies in Houston Can Help You Be Part of It

Houston hits its third highest real estate sales record this June, with 7,220 single-family houses sold in the area, Ralph Bivin of CultureMap Houston reports. In an article published on July 16, 2013, Bivin writes that the only other time Houston achieved higher monthly home sales was in June 2006 and this May 2013. Things are evidently looking great for the local real estate industry because of greater demand and a steadily shrinking supply of homes up for grabs; even the prospect of rising property prices, in fact, has not deterred buyers from making offers. The city's economic upsurge and relatively low mortgage rates are enticing enough for buyers who are looking to move into the city; in any case, buyers must proceed with care and choose from among the reputable mortgage companies in Houston. Before selecting a lender, buyers may want to get in touch with a trustworthy broker first.

http://houston.churchillmortgage.com/industry-news/mad-rush-for-houses-mortgage-companies-in-houston-can-help-you-be-part-of-it/