Houston mortgage rates this week, updated every Friday from the Freddie Mac survey — plus what it means if you’re waiting to buy. See today’s numbers.
Mortgage & Financing for Houston Home Buyers
Financing is the part of buying that makes people most nervous — and the part where a week’s delay costs you the house. These articles cover getting pre-approved before you shop, the loan types Houston buyers actually use including builder financing on new construction, what lenders re-check between approval and closing, and how rates move week to week. I’m Kevan Pewitt, REALTOR® and broker-owner of Houston Prime Realty, here so you walk in knowing what’s coming.
Debt-to-Income Ratio for a Mortgage: What Lenders Count
Debt-to-income ratio for a mortgage, worked through on a $340K Houston home at 7.40%. See what lenders count, then call me.
New Construction vs. Resale in Houston: How to Compare Builder Incentives Against Seller Concessions
New construction vs resale in Houston: a builder’s below-market rate and credits against a resale seller’s price cut and concessions, lined up on the same five rows with three worked examples at $375K.
Is It a Good Time to Buy a House in Houston? What Waiting for Rates to Drop Could Cost You
Is it a good time to buy a house in Houston? What today’s sellers are giving, how a seller credit works in a Texas contract, what reverses when rates fall, and when waiting is right.
What Do Appraisers Look For? A Houston Real Estate Broker Walks Through the Visit
What an appraiser is required to inspect and record, how condition ratings and comparable sales are decided, and how FHA, VA, and refinance appraisals differ.
How to Get Rid of PMI: A Houston Buyer’s Guide
How to get rid of PMI on a Houston home: what private mortgage insurance costs, when it cancels at 80% and 78%, and the fastest ways to drop it.