Refinancing in Houston is a viable option for many homeowners. Low mortgage refinance rates in Houston are helping homeowners lower their monthly payment and interest rates. read on to see the current forecast for Houston’s refinance rates and housing market, and how they might affect you.
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Overall Mortgage Delinquency Rate. in early-stage delinquency transition rates in October, reaching 5 percent, on average, in Miami, Orlando, Tampa, Naples and Cape Coral. Texas markets such as.
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A 10-year fixed-rate mortgage maintains the same interest rate and monthly payment over the 10-year loan period. A 10 year fixed-rate mortgage allows the borrower to pay off the mortgage faster and typically has a low interest rate. But monthly payments are higher than.
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Other Houston mortgage types mixed. The average rate for 15-year fixed-rate mortgages rose 2 basis points, growing to 3.55 percent. Monthly payments on a hypothetical $165,000, 15-year fixed-rate mortgage ticked up along with rates, scaling up $1.62 to $1,183.61.