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Coronavirus Fears Drive Mortgage Rates to 8-Year Low

Coronavirus Fears Drive Mortgage Rates to 8-Year Low

As coronavirus fears hit financial markets, U.S. mortgage rates dropped to an eight-year low. The average rate on a 30-year fixed mortgage hit 3.34% on Monday, according to Mortgage News Daily. That rate hit 3.34% for one day in 2016, before spiking much higher....
Lowest Interest Rates in 3 Years

Lowest Interest Rates in 3 Years

US Sees Lowest Mortgage Interest Rates in 3 Years August 8, 2019 By Jay Hurst, Co-Founder of Hurst Lending & Insurance Even if you have a good rate on your current 30-year mortgage, every homeowner should be looking at their financial situation right now to see if...
How Do I Find The Best Jumbo Texas Mortgage Rates?

How Do I Find The Best Jumbo Texas Mortgage Rates?

Non-conforming loans or Jumbo loans are loans with higher dollar amounts which may not be sold to Fannie Mae or Freddie Mac. A Texas Mortgage that is above the conforming loan limit of $548,250 for the year 2020 is considered to be a Jumbo loan. Non-conforming Texas...
Save Real Money with a Refi

Save Real Money with a Refi

Save Big with a Refinance This Spring Interest Rates the Lowest in Over a Year Even if you have a good rate on your current 30-year mortgage, this month’s low rates might mean that a refinance could save you serious money. Current rates for a 15 year fixed rate...
5 Ways to Up Your Credit Score

5 Ways to Up Your Credit Score

Give Your Credit Score a Boost Founding father Benjamin Franklin is credited with having said, “Nothing is certain except for death and taxes.” Well, if Franklin were alive today, he could add an ever-changing credit score to that list. Whether for better or...
In 300 Words Or Less: Home Equity Loan vs. Cash Out Refinance

In 300 Words Or Less: Home Equity Loan vs. Cash Out Refinance

What Is The Difference? Two of the most often confused terms when it comes to mortgages are “home equity loan,” and “cash out refinance.” One the surface, it’s easy to understand why – both are used to access equity tied up in one’s home. The reasons to pursue either...