Key Takeaways: FHA MIP costs were reduced from 0.85% to 0.55% Potential savings of up to $1,056 annually and $31,680 for a $350,000 30yr mortgage. In Texas, FHA loan limits are $472,030 for single-family FHA home loans. Federal Housing Administration…
Key Takeaways Mortgage interest rates in Houston, including current FHA mortgage rates in Texas, are constantly changing. Silver Mortgage, a trusted mortgage lender in Houston, offers personalized assistance to help you understand the current market for the best mortgage interest…
Mortgage Interest Rates Today Houston: Navigating the Market Key Takeaways Mortgage interest rates in Houston, including current FHA mortgage rates in Texas, are constantly changing. Silver Mortgage, a trusted mortgage lender in Houston, offers personalized assistance to help you understand…
Owning a home is often seen as a significant financial milestone. However, saving for a down payment can be daunting for many prospective homeowners. Generating a large sum of money to make a down payment can feel insurmountable. As a…
APR and Mortgages: APR stands for Annual Percentage Rate, and it represents the cost of a mortgage over the life of the loan, including the interest rate and other associated fees or charges. APR is a standardized way of expressing the cost…
Approved Down Payment. Who Gets to Decide? Had an unusual question from a Texas Real Estate Agent recently. We provided a mortgage pre-qualification form using the document required in the Texas Administrative Code, Title 7: Banking and Securities, Part 4,…
