Home Loan Rates – Austin, TX

I hope you are enjoying a little cooler weather out there today — I love the fall!

The stock market is down just a few points today. Interest rates moved up slightly after that incredible 4 hour run yesterday. Things are still great and you should NOT wait for the next time things improve for a few hours. My advice is to apply now, have your file pre-approved and ready to lock. This way when we have a quick 3-hour run on rates you will be in the position to lock it down. It is not in your best interest to wait any longer. The Fed’s Direct Purchase program is over and rates will ease upward very soon.

Today’s rates:
30yr fixed- 4.625% 0+1
15yr fixed- 4.125% 0+1
30yr FHA- 5.00% 0+0
USDA 100% financing- 5.00% 0+0

Call or email me any questions, my friends.

Cheers,

D. Stephen Steakley, Jr.
Austin, Texas Home Loan Expert
512-577-8898 ph
Austin, TX Home Loan – Quick Application