A major factor that influences first-time home buyers decision on a mortgage is the interest rates being offered on a specific loan. But what you may not understand is what exactly interest rates are and why they change. So, to…
How Refinancing Your Mortgage Can Help Consolidate Your Debt
For Americans, being in an exuberant amount of debt is something most people struggle with. Whether you have an automobile loan, student loans, a mortgage, or have a balance on multiple credit cards, you are experiencing some type of debt.…
Tips for Your First Meeting with a Lender
It can be nerve-racking trying to get organized for your first ever meeting with a lender. Well here at Austin Capital Mortgage Inc., our team of experts has listed three helpful tips you should follow to better prepare you for…
Austin Mortgage Market Update
Becoming a homeowner has a lot of added benefits. This includes: not having to answer to a landlord, more privacy, tax deductions, a forced savings, and freedom to decorate any way you’d like. Our team at Austin Capital Mortgage Inc.…
3 Things You Might Not Know about FHA Loans
If you’re preparing to buy your first home in the Houston area or nearby and are seeking a loan program that requires a low down payment, your loan officer might suggest an FHA loan. The FHA mortgage program has been…
5 Things You Should Know About Loan Limits for 2017
We all know how home prices in the area have been climbing and in 2016 it was no different for Travis County and surrounding areas. As for 2017 we saw the first conforming loan limit increase in a decade. Historically,…
Is Now Truly the Perfect Time to Buy a Home in Austin?
As it relates to Austin real estate, we’re pretty certain you’ve heard someone say to you, “You’d better buy a home now because it’s probably the best time to buy!” or some such similar phrase. There could be multiple reasons…
Looking Back at 2016 and Forward to 2017
You’re probably not very surprised to learn that real estate values in Austin and the surrounding areas rose again last year. According to the Austin Board of Realtors, home values increased by a respectable 7% from the previous year for…
Getting a Gift? Here Are the Guidelines
For first time home buyers here in the Greater Austin area, they might find themselves in somewhat of a state of sticker shock. Home values are still on the rise and this can keep some out of the home…
