Dallas Fort Worth area of Texas Mortgage Rates Hit ALL Time Low

Mortgage Rates fall To ALL Time Historic Low Levels today.  The last few days have created a perfect opportunity for homeowners in the Dallas Fort Worth area of Texas to take advantage of LOW refinance rates or new home purchase rates.  Complete the rate quote form on this page page or simply email josh@texasmortgagenews.com today.

There are a variety of factors that drive mortgage rates up and down.  Think of mortgage rates like you do the prices of gasoline – they fluctuate daily – and in many constantly.  Mortgage rates are a moving target, so timing is very important for homeowners in Dallas seeking to get the lowest interest rate on a refinance or purchase.  Make sure you’re working with a mortgage loan officer that understands the factors and current mortgage market conditions, and you’ll be sure to get the lowest rate on your mortgage.

Current market conditions including European debt concerns and weak employment and jobs growth here in the United States have investors looking for safe places to park their money such as US treasury bonds and Mortgages (it’s secured by your home and most people make their mortgage payments each month which makes it a safe place for intestors to put money).  This drives interest rates down for Dallas Fort Worth area of Texas homeowners.

You can see below on the Chart – Mortgage Rates Have Never been this Low in Dallas – Switching to a 15yr Mortgage is a popular trend as well as the New FHA Streamline Refinance or HARP (Home Affordable Refinance Program).  In Many Cases, no appraisal is required and you can refinance with little or no equity in your home without paying any closing costs out of pocket!! Email josh@texasmortgagenews.com to see what options are available for you today.

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One Response to Dallas Fort Worth area of Texas Mortgage Rates Hit ALL Time Low

  1. Pingback: Texas Mortgage Rates hit Record Low for Dallas Fort Worth | Texas Mortgage Rates and Programs

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