Ease the Financial Burden with Houston Home Loans

The recession has hit us where it hurts most – our pocketbooks. Home prices are down. People continue to struggle to find work. To alleviate the toll of the downed economy, many families are moving in with relatives.

According to a recent survey by AARP Bulletin, 11 percent of those surveyed between the ages of 35 and 44 reported living with their parents or in-laws. Eleven percent of those over the age of 50 said they were living with their grandchildren or parents, and 19 percent said they were living with their children.

"The recession is having an impact on people of all ages, and the effects are starting to be felt at home," said Jim Toedtman, vice president and editor of AARP Bulletin in a recent Click2Houston.com article. "We see more people living under the same roof as their parents and their adult children. As Americans face tougher economic conditions, we'll likely see more of this."

With all the negative news lately, is there a place where the grass is greener?

Houston Home Loans Are at Record Lows

Mortgage rates are at historic lows. Really, rates haven’t been this low since Eisenhower was president in the 50’s! While many are extremely cautious with any large financial decisions because of the faltering economy, I think everyone should at least consider refinancing before rates go back up. They may never be this low again!

Work with a Houston Home Loans Professional

Consider this great opportunity. Evaluate your financial situation and see if refinancing with Houston home loans is the right choice (it probably is). Refinancing will save you cash by lowering your monthly mortgage payment. Depending on your financial situation, you could save thousands in interest by locking-in a lower rate.

As a Quicken Loans home loan expert licensed in Houston, I have helped many clients buy a new home or refinance into a lower monthly mortgage payment with Houston home loans. Whether you’re looking for FHA Loans, VA Loans, fixed-rate, or adjustable rate mortgages, if you’re ready to move forward get in touch with me at Quicken Loans today!