The government is considering a proposal that would cut interest rates on new loans for homes. This could drop the rate to around 4.50%. At this point the rates are at a VERY low 5.6%. It is not determined whether this new rate will apply to refinancing. I have found a good article from MarketWatch.com. I always keep in touch with our local banks here in San Angelo, Tx and will monitor their rates.Here is a list of Local Banks. If you have any questions feel free to contact me anytime.

BANK OF SAN ANGELO

SAN ANGELO NATIONAL BANK

CROCKETT NATIONAL BANK

WELLS FARGO

THE BANK AND TRUST

1ST COMMUNITY FEDERAL CREDIT UNION

DREAM HOME FUNDING

CITIZENS STATE BANK

 

 

1 Comments on Interest Rates in San Angelo, Texas. Could they see 4.50%??

DEC
10

I think  on the retail side they will see 4.9 to 4.8, thats just what I feel will happen with the market, to make some movement in the market.

1:21pm • #1

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Ryan Newlin

San Angelo, TX

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ERA Newlin and Company

Office Phone: (325) 481-0500 x 245

Cell Phone: (325) 277-2828

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