Texas Mortgage Refinance:  Debt Debate Jolts Texas Mortgage Rates http://www.foxbusiness.com/personal-finance/2011/07/28/debt-debate-jolts-mortgage-rates/  Texas mortgage rates inched up this week as investors were spooked by political gridlock over how to raise the national debt ceiling and cut the deficit. The benchmark 30-year fixed-rate mortgage rose 6 basis points this week, to 4.74%, according to the Bankrate.com national survey [...]

Texas Refinance: Mortgage Rates Slowly Creeping Higher Home mortgage loan borrowing costs moved marginally higher this week.  Mortgage rates are still hovering just above their best levels of the year. Fear of the unknown has put lenders back on the defensive though.   This is generally not a favorable market environment for rate watchers. The “path [...]

Texas Refinance: Mortgage Rates Mostly Flat on Mixed Economic Data http://online.wsj.com/article/SB10001424053111903554904576459902604976450.html?mod=googlenews_wsj Mortgage rates were mostly flat in the past week amid a series of mixed reports on the health of the U.S. economy, according to Freddie Mac’s weekly survey of mortgage rates.  “Although both the overall producer price index and consumer price index fell moderately [...]

Texas Refinance: Mortgage rates slide again due to weak unemployment report http://www.bankrate.com/finance/mortgages/interest-rate-roundup-for-july-14-2011.aspx Bankrate.com reports that with a very weak unemployment report pointing to potentially prolonged paralysis in the U.S. economy, mortgage rates slid as the economic gloom deepened. The 30-year fixed-rate mortgage slipped to 4.69 percent from 4.79 percent last week, a decline of 10 [...]