current mortgage rates Archives | The Richard Woodward Team Nexa Mortgage

Do You Charge An Origination Fee? What You Need To Know About an Origination Fee

Navigating the landscape of mortgage costs can be complex but understanding what you’re paying for—and why—can make a significant difference in your home buying experience. A common question I am asked is, “Do you have an origination fee?” Let’s break down what this fee is, what it includes, and the differences between a bank’s and…

12 Mortgage Red Flags That Could Cause Your Mortgage To Be Declined

Mortgage Red Flags: Property Issues that Could Derail Home Financing Whether you are buying a home for the first time or investing in a rental home, there is a huge chance that you will need a mortgage to finance that property. Most people who buy real estate don’t do it with their own money because…

The Real Estate Shortcut: Buy a Home Now, Avoid Selling Your Home First - Click for Secrets!

Hey there, Dallas homeowners! Are you ready to take your real estate game to the next level? Imagine buying your dream home without the hassle of selling your current one first. Sound too good to be true? Well, prepare to be amazed because today we’re revealing the secret to making this real estate shortcut a…

Why A Mortgage Broker Is the Way to Go for Millennials Hey there millennials! So, you’ve decided to take the exciting leap into homeownership. Congrats! But hold on a second, because before you start envisioning your dream home, let’s talk about the most important part of the process: getting a mortgage. Trust me, it’s not…

Mortgage Rate Protection Plan | Buy Now Refinance Later

Mortgage Rate Protection Plan We get it. We know today’s housing market can be unpredictable. With our new Rate Protection Plan*, you can buy with confidence that you’ll end up with the best possible rate! Purchase your new home today and if rates drop within 36 months of your closing, we’ll lower your rate with…

Mortgage Market Update for Dallas Texas March 17, 2023. Mortgage rates declined this week by roughly 0.375% due to news from the banking sector. Several of my 190+ lenders that I shop my clients mortgages with this week lowered rates. Some are more cautious than other, waiting to see if the volatility will subside before…

Hi everyone. It’s Friday, February 24th and I’m coming to you with the mortgage rate and Real Estate market update for Dallas Texas. Unfortunately, it was not a good week for mortgage rates. Interest rates climbed this week by as much as .375% on some products. Basically, the work that the Fed is doing to…

Getting A Second Opinion on a Mortgage Rate A second opinion can prove to be very valuable. You should always seek out another opinion after a doctor gives you a shocking diagnosis. This applies to car repairs or air conditioning systems too. Second opinions are common in many industries and situations. Why wouldn’t you apply the same logic…

2022- the Rules have changed in the mortgage business

The Mortgage Business has Changed in 2022 The mortgage business is changing in 2022 in a number of different ways. We are going to look at what is coming in 2022 for the mortgage business and the Real Estate business. Forecasting is not easy these days, especially when it comes to economics. For example, many…

Introducing mortgage rate lock and shop program

Introducing our Mortgage Rate Lock & Shop Program. Traditionally, home buyers are unable to lock in an interest rate until they have found a home and executed a purchase contract. Most mortgage lenders will not allow you to lock in the interest rate until they receive an executed purchase contract. That’s normally okay in a…