FHA and Conventional Mortgage Rates in Texas Hit Record Low Levels


Last week, on Friday, mortgage rates for Texas homeowners and homebuyers hit the lowest levels in the history of tracking mortgage rates on FHA and Conventional home loans.

European economic concerns in several Euro zone countries including Greece, Spain, Italy, and several others has investors sending their money into U.S.  backed securities such as bonds and mortgages.  As long as money is flowing into the US bond and mortgage market, Texas homeowners seeking to refinance or purchase a new home will benefit from extremely LOW interest rates.

The timing of excellent mortgage rates is perfect for Texas homebuyers looking to move this summer.  The Texas real estate market in cities in the Dallas Fort Worth metroplex is hot right now, and because of the low interest rates, these homebuyers will get the benefit of low monthly payments for years to come.  FHA average mortgage rates around 3.75% and conventional mortgage rates are very similar.  (You’ll want to compare these options very closely with your mortgage loan officer because Conventional mortgage options may have lower payments depending on how your lender structures the mortgage insurance options).

ALSO, FHA and Convetional mortgage rates hitting historic low levels is perfect timing for homeowners seeking to refinance to lower payments or shorter terms.  FHA announced changes to their FHA Streamline Refinance that lower the mortgage insurance premium rates for thousands of homeowners in the Dallas Fort Worth area – making it possible to benefit from low interest rates.  Homeowners with Conventional backed mortgages can also benefit from HARP (Home Affordable Refinance Program) from lenders such as Josh Campbell.  Email questions about FHA Streamline or HARP refinances to joshucampbell@fcbmtg.com today.


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Josh is an experienced Mortgage Loan Officer and Sales Manager with a passion to help the consumer navigate the mortgage process most effectively. He believes that the success of a mortgage experience lies in the fundamentals of experience, knowledge of programs and guidelines, and relationships. As a result, Joshua has created customers for life that are fiercely loyal due to his high standard of “world class” customer service. He is honest, motivated and driven to be the best mortgage loan officer in Dallas, Texas. Josh works to help real estate agents grow their business through a variety of marketing, branding, and lead generation strategies. Josh works with real estate agents, brokers, local financial advisors and attorneys in a 100% referral based platform. Josh has been described by others as a visionary with a strong background in developing and directing teams, marketing and branding. He sets the bar for high integrity, and his customer service skills are second to none. Josh can be reached at josh@joshcampbellmortgage.com or 214-929-1733 Specialties Conventional and Government Mortgage Financing, FHA, VA, USDA, Jumbo, Super Jumbo, Second Mortgages, HELOC, Mortgage Market Analysis, Marketing, Branding, Low Interest Rates, World Class Customer Service, Business Partner Development and Relations
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