This morning marks the Lowest that Mortgage Rates have EVER been in Texas for homeowners looking to refinance or homebuyers looking to buy their next home. When considering locking in a new mortgage rate, timing is everything – and the last few days have proven to be the best possible time to lock in mortgage rates.
Homeowners in the Dallas Fort Worth area of Texas are encouraged to assess their current mortgage perfomance and situation to determine if interest rate reduction refinance makes sense. With the new changes becoming effective for FHA Streamline Refinance program and HARP (Home Affordable Refinance Program), timing of this interest rate rally couldn’t be any better. And, because there are several other mortgage programs where no appraisal would be required, there is very little or no out pocket costs for Dallas Fort Worth homeowners to take advantage of the record low refinance rates.
For Homebuyers, this marks a once in a lifetime opportunity to purchase a new Dallas Fort Worth or Texas home with remarkably low interest rates and payments. There are so many mortgage programs to choose from for Dallas homebuyers including First Time Home Buyer Programs and other programs with Low or NO Down Payment required – all of which have new record low interest rates.
Email questions to email@example.com or call 972-904-3694 to find out which Dallas mortgage option with record low rates makes the most sense for your situation.
See the charts below showing how interest rates in Dallas Texas have now reached “off the chart” low levels.