Texas Real Estate
Mortgage rates have risen to around 6.60% as of March 15, 2025, which is the highest they’ve been in over a month. Recently, mortgage rates have been bouncing up and down due to worries about things like inflation and trade issues. If you’re thinking about buying a house this year, it’s better to focus on … Read more
An FHA loan in Texas is a mortgage insured by the Federal Housing Administration (FHA), designed to help low-to-moderate-income homebuyers secure financing with more accessible qualifications. Here’s what you should know about FHA loans in Texas: Key Features: Benefits of FHA Loans in Texas: Requirements for FHA Loans in Texas: Steps to Get an FHA … Read more
If you want to buy a house in Texas but don’t have a lot of money saved up, an FHA loan could be the perfect option for you. With an FHA loan, you can buy a home with a smaller down payment and less strict credit score requirements. Let’s break it down! What Is an … Read more
Are you dreaming of owning your own home but feeling overwhelmed by your options? Let us clear the confusion for you. When it comes to choosing a mortgage, we know you’ve heard of Freedom Mortgage. But here’s the truth: at Trealtorr Mortgage, we don’t just offer loans we offer personalized solutions because we care about … Read more
Are you ready to take the leap into homeownership, but feeling overwhelmed by all the conflicting information out there? You’re not alone! Many first-time buyers find themselves tangled in myths that can lead to confusion and hesitation. Let’s clear up some of the most common misconceptions about home loans: Myth #1: You Need a 20% … Read more
The housing market has been throwing curveballs lately. High interest rates, rising home prices, and inflation climbing back up to 3% (according to the latest consumer price index) have made it harder than ever to buy a home. These challenges are nudging more families toward multigenerational housing. According to a report from the National Association … Read more
Credit life insurance is a type of insurance that pays off a borrower’s debt if they pass away before the loan is repaid. It is typically offered by lenders when you take out a loan or credit, such as a mortgage, car loan, or personal loan. The policy ensures that your family or beneficiaries aren’t … Read more
Typically, after a foreclosure, you’ll need to wait about 7 years to qualify for a conventional mortgage, according to Fannie Mae and Freddie Mac guidelines. However, this waiting period can be shorter if you meet certain conditions or can demonstrate extenuating circumstances. For example: It’s also crucial to rebuild your credit score and demonstrate that … Read more
A Convertible ARM (Adjustable-Rate Mortgage) is a type of adjustable-rate mortgage that includes an option for the borrower to convert it to a fixed-rate mortgage during a specified period of the loan term. This hybrid feature offers the borrower the initial benefit of lower rates associated with ARMs while providing the flexibility to lock in … Read more
The assessed value of a property is the value assigned to it by a public tax assessor for the purpose of determining property taxes. It’s a way for local governments to calculate how much you owe in taxes based on the worth of your property. Here’s how it works: For example:If a property has a … Read more