Will Mortgage Rates Ever Go Back Down to 3% Again?

Ah, the golden days of 3% mortgage rates. It feels like just yesterday, doesn’t it? Many homeowners and prospective buyers are holding onto the hope that we might see those historic lows again. But let’s dive into the reality of the situation. Mortgage interest rates dropping to the historically low level of 3% was primarily…

Read More
Unlocking Your Home Buying Potential in DFW: The Power of Prequalification

In the vibrant and dynamic Dallas-Fort Worth (DFW) area, the dream of homeownership shines bright for many. With its diverse neighborhoods, booming economy, and rich cultural tapestry, DFW is a place where many aspire to plant their roots. As of February 2024, the average home sales price in this bustling metropolis stands at $371,777. For…

Read More
What Will Your Monthly Mortgage Payment Be?

What Will My Monthly Mortgage Payment Be? If you are thinking of buying a home, one of the most important questions you need to answer is: what will my monthly mortgage payment be? Your mortgage payment is the amount of money you pay each month to your lender to repay the loan you used to…

Read More
The Fed cut interest rates to zero. What does that mean to me?

Mortgage rates are NOT zero. Interbanking offering rates are near zero. Today the fed cut interest rates to zero. What does that mean to you? The fed funds are not the same things as mortgage rates, the two are somewhat associated with one another but are not directly tied to one another. Mortgage rates are…

Read More
Mortgage Rate Market update for Texas 10.4.2018

Mortgage Rate Update For Texas October 5th 2018.    Get your no obligation quote today at www.MortgageProsUs.com or call me at 214.945.1066 Mortgage Rates are Trending Higher. If you are looking to buy or sell or consolidate your debt.  Call me today.  I work with the best Realtors in Dallas/Fort Worth and all over Texas. Richard Woodward,…

Read More
Mortgae Interest Rates

Here is your Dallas Texas Friday Mortgage Rate Update for Week ending 09/14/2018. From Zero Down to $3Million Jumbo.  I offer, Conventional, FHA, VA, USDA, Jumbo, Construction, Renovation, and special loans for Divorcing couples.  I can help you know what is the best program for you.  Find some of our loan options here. Get your free…

Read More
Mortgae Interest Rates

Dallas Texas mortgage rates increased roughly 0.50% this month.  Interest rates are almost 1% higher than their lowest point over the last 12 months.  The stock market, perceived tax cuts, and fears of inflation have all combined to impact interest rates negatively. If you are even remotely interested in purchasing a new home or refinancing…

Read More
Mobile Mortgage Calculator for the Richard Woodward Team

Mortgage rates update for Dallas Texas for January 19, 2018. Mortgage rates climbed higher this week as a result of the bullish stock market. The stock market was pushed higher on economic optimism and as the recent tax plan buoyed stocks. Unfortunately, the bond market did not fare so well. The bond market determines interest…

Read More