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. "
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