That’s about a percentage point higher than a year ago. The rise in mortgage costs this year has contributed to a slowdown both in home sales and smaller price increases in North Texas and other U.S..
Dallas. home prices in the Dallas-Fort Worth area are reducing the number of homeowners who are underwater in their mortgages, which is helping to slow foreclosures. Zillow Inc. said Wednesday that.
Desoto, TX Home Loan Lenders. Buying a home in Desoto, TX and obtaining a loan in Desoto, TX can be exciting and exhausting at the same time. We at Horizon Lending Services will outweigh the exhausting part of qualifying with excitement.
Nearly 1,500 former ITT Tech students in Texas with open loans will receive $13 million in debt relief. In Texas, that included 10 campuses in Arlington, Austin, DeSoto, Houston (3), Richardson,
Homebuyers heading into the hot North Texas housing market in 2018 will have more to worry about than rising prices and a lack of inventory. The cost of mortgages to buy that house is also going up.
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DeSoto, as with many cities in southern states like Texas, has a long and exciting history of establishment. The area was first settled in 1847, which makes it one of the oldest communities around in North Texas. The first post office was set up in 1881, and by 1885 DeSoto was home to a cotton gin, a general store, and 120 people.
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In December, 1.1 percent of Dallas-area homes with loans were in foreclosure, compared with 1 percent in Texas and 2.9 percent nationwide. CoreLogic estimates that in 2012 there were 11,273 home.
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An FHA loan in Desoto is a great option for those who are first time home buyers and those who are low to moderate income borrowers. An FHA loan borrower can borrow up to 96.5% of the value of the home, meaning that only 3.5% of the value is required as a down payment (which is much lower in comparison to other lender’s requirements).