2023 Guide to Mortgage Shopping

2023 Guide to Mortgage Shopping

Mortgage rates climbed steadily through most of 2022, to a high of 7.08% on Oct. 27 and Nov. 10. The Federal Reserve increased its benchmark interest rate seven times over the course of the year, and inflation was over 7% in November. This created an unfavorable...
Jumbo Loans for Large Mortgage Amounts

Jumbo Loans for Large Mortgage Amounts

If you’re looking to purchase a home on the more expensive side of the spectrum it’s possible that you will need to utilize a Jumbo Loan. This is a mortgage product that exceeds the conforming loan limits set forth by the Federal Housing Finance Agency. In Texas, this...
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