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Mortgage rates are dropping to fresh lows. July could provide some of the lowest rates seen in over 2 years. This is the chance mortgage rate shoppers have been waiting for.
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How mortgage rates in Texas trend is one important factor to consider, but buyers also need to think about how the rate will potentially be impacted by the terms of their mortgage. For many borrowers, this means deciding between a 30-year fixed mortgage or a 15-year mortgage .
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Mortgage rates enjoyed a pleasantly flat week despite some volatility in the underlying bond market. The day-to-day changes in Treasuries and Mortgage-Backed-Securities (MBS) were noticeable, but.