Blog

DFW Mortgage Market Update: Mid-May 2017

This week we had housing news that was not as good as expected. While new housing starts are strong, but the stock market took a dive due to the current political climate. Interest rates improved, but look for next week to make an adjustment.

Since March we have seen a steady climb. If you had were locked in March, you are doing well. You should try to lock in rates now due to possible increases. Good news is that we are in a tight trading range and rates and prices are holding steady.

Stay In The Know

Stay up to date on what you need to know about market changes and how that impacts a home mortgage.