Mortgage Rate Predictions

From today’s WSJ: The Mortgage Bankers Association predicts rates on the 30-year fixed-rate mortgage will average 4.4% in the fourth quarter of 2010, increasing to a 4.7% average in the first quarter of 2011, and climbing to 5.1% by the end of next year.  Link to Article: http://online.wsj.com/article/SB10001424052702303443904575578410336931010.html?mod=WSJ_RealEstate_LeftTopNews

 

Everything’s Bigger in Texas… and Still Growing

In a class this week, I was introduced to the term “Texaplex”.  (…and no, it is NOT an oversized duplex in Texas.)  Texaplex is what economists are calling the triangle between the Dallas-Ft. Worth area, Houston, San Antonio, and Austin.  In 2009, the population of the entire state of Texas was approx. 24 million people.  Over the next 14 years, just the Texaplex alone is estimated to be the home of 22.5 million folks! 

Click the link below to watch a short video with staggering numbers about our state.  Very interesting statistics!

http://www.texaplex.com/

Lakeway Grand Opening

UFCU’s new Mortgage Services Office is now open!

Our Lakeway Mortgage Professionals live in the neighborhood and bring to area residents extensive home loan expertise and products.  We can provide expert advice and a wide variety of home loans.  Come talk to us about Jumbo Loans, an FHA mortgage for your first home or a construction loan.  UFCU is committed to this area and its mortgage and financial needs.

Stop by and say “hello” during the week of November 8th-12th and register to win an iPad!

UFCU Mortgage Services Office

1213 Ranch Road 620 South, Suite 100

Lakeway, TX 78734

Hours:   8:30AM – 5:30PM    Monday – Friday

10 Ways to Add Value to your Home Without Breaking Your Bank

Click here to read about affordable home improvement project ideas

~Brought to you by Gracy Title Company and HGTV online