|
| |
tx: When is it good to pay discount points? - 05/28/07 07:25 PM
As rates slowly rise with inflation, buyers will be looking for more options to purchase the home they want. While there are other products, one of the simplest and safest options is paying points. Discount points are fees paid to the lender at closing to permanently pay down the interest rate of the loan (this is not a buy down). Each "point" is equal to 1% of the loan amount. For example on a $200,000 loan, a point would equal $2,000. The amount of interest rate discount depends on the loan product, but it can reduce the rate from a quarter … (6 comments)
|
tx: Parents Workshop for Financial Education - 05/17/07 06:33 PM
Ever wondered how in the world your kids were going to learn how to be responsible with money? Are you curious about creating a powerful financial future with them? Do you wish you had the tools to build good money habits when you were young?
Well parents, this is the workshop that provides the support you've been looking for!
Saturday, May 19, 1 - 4 p.m. at The Khabele School, 801 Rio Grande. Register on-line at http://www.themoneyacademy.net/
Knowing how to handle our personal finances is one of the most important educations we can get, and yet it is not taught in school. As … (6 comments)
|
tx: TEXAS! IMPORTANT MORTGAGE LEGISLATIVE ITEM NEEDS YOUR ATTENTION! - 05/15/07 12:19 PM
IMPORTANT LEGISLATIVE ITEM NEEDS YOUR ATTENTION!
Has one of your buyers ever got stuck with a higher mortgage rate, because they had to use the builder's Mortgage Company?
There is legislation in the Texas House of Representatives that would prohibit sellers (builders) from making incentives contingent upon using any specific service provider. Builders would no longer be able to steer borrowers to their own mortgage companies.
HB 3798 is legislation to allow the homebuyer to apply any contributions from the builder as inducements to buy the home, not be contingent on specified lenders or mortgage originators. This will give the buyers a fairer position … (2 comments)
|
tx: HONEY STOP THE CAR!! - 05/09/07 03:12 PM
Photo 1: Photo 2: Photo 3: Photo 4: Photo 5: Photo 6: Photo 7:
… (0 comments)
|
tx: Financial Education for Children - 04/26/07 03:28 PM
… (1 comments)
|
|
|
|
|
|
Latest news on texas mortgages.
 Links
Archives
|
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2012 ActiveRain Corp. All Rights Reserved
;)
;)