Generally weaker than expected economic data again pushed Austin mortgage rates to new lows this week. The current Fed outlook is for below average economic growth with low inflation, which is a favorable environment for low Austin mortgage rates.
With certain exceptions, FHA currently prohibits insuring a mortgage on a home owned by the seller for less than 90 days. This temporary waiver will give FHA borrowers access to a broader array of recently foreclosed properties.
Program Overview In an effort to monetize the $8,000 tax [...]