From 1985 to 2012, home values actually increased 3.8% annually in Houston, 3% year-over-year in San Antonio, 2.2% in Fort Worth, and 1.8% in Dallas. This time period includes two property bubble busts.
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On July 5, 2019, according to Bankrate’s latest survey of the nation’s largest mortgage lenders, the benchmark 30-year fixed mortgage rate is 3.81 percent with an APR of 3.94 percent.
The Lincoln Institute at Texas A&M estimates that Houston had only a minor decline in home values during the credit crisis, and that all four of the biggest cities.
Higher mortgage rates on the horizon, says CoreLogic chief economist – "Higher mortgage rates generally discourage home buying, holding all else constant. He noted that the ease of building in Houston, due to the relative lack of zoning and the flat terrain, will keep.
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Amid economic uncertainty, lower mortgages a glimmer – Freddie Mac said more than $2 trillion of conventional mortgages now are eligible to be refinanced, including the majority of those originated in 2018. And while lower rates provide a relative savings.
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Houston Mortgage Rates are heading up. Purchasing Houston Real Estate or doing a Houston Refinance, rates are sure to imp[act your monthly payment.
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