(Houston Chronicle) 4/20/2010 After declining for three straight months, Houston area home sales climbed in March. Realtors sold 4,832 single-family homes in the area last month, according to a monthly report from the Houston Association of Realtors. That’s up 11 percent from the same period last year. Realtors credit the spring selling season, a looming [...]

HUD APPROVES $167 MILLION FINANCING PLAN TO BUILD STATE-OF-THE-ART HOSPITAL IN LAKEWAY, TEXAS The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to Lakeway Regional Medical Center in Lakeway, Texas. The $166.9 million loan is made possible through the Fede…ral Housing Administration’s (FHA) Section 242 Hospital [...]

As the Real Estate and financial markets continue to move up and down, mortgage rates can also be affected. Since mortgage rates are more closely tied to the bond markets, an up or down move in the stock market may not have the result in mortgage rates that one might expects. In fact, many times [...]