Texas Home Lending News

Mortgage Rates Moved Higher Today

May 8th, 2017 10:18 AM by Shawn Smith NMLS#863501



Sublime Financial based in Dallas, Texas always keeps an eye on mortgage rates for our clients. Anyone interested in buying a home in the Dallas area or the rest of our state should watch rates and look for signs they may be rising.

If anyone in Dallas or anywhere else is looking to refinance their mortgage, its also a good idea to keep an eye out for the right time to get a lower rate before they begin to rise.

As noted by bankrate.com and others this morning, multiple mortgage rates floated higher today. The average rates on a 30-year fixed rate and 15-year foxed rate mortgages increased. Also, the average rate on a 5/1 adjustable rate mortgage also claimed up. 

Mortgage rates, which affect home buyers in the Dallas area and the rest of Texas are always in a constant state of flux rising and falling. However, they still remain lower overall than they were before the recession. If you're in the market for a mortgage here in the Dallas/Fort Worth area or anywhere else in Texas, if might make one to go ahead and look in a rate if you like it. 

Contact us now with any questions you may have regarding buying a home or refinancing now before rates climb. 
Posted in:General
Posted by Shawn Smith NMLS#863501 on May 8th, 2017 10:18 AM

Archives:

Categories:

My Favorite Blogs:

Sites That Link to This Blog:

Home Status Report

Want to know if a home is still on the market, or if the price has changed? We can help. Simply fill out the information below and with no obligation to you we'll get back to you with your requested information. We guarantee your privacy.

Your Information
Property Information
By checking the box, you agree that Sublime Financial, LLC may call/text you about your inquiry, which may involve use of automated means and prerecorded/artificial voices.. Message/data rates may apply.