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U.S. existing home sales rise, trend weak – A separate report from the Mortgage Bankers Association on Wednesday showed applications for loans. of homes sold in November were on the market for less than a month. There were still some hot.
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In Texas, Home Buyers Go for Jumbo Loans – In a vestige of old homestead protection laws, Texas cash-out refinances are bound by the provisions of any previous refinance, Mr. Walsh says. Many lenders thus won’t refinance a home that already.
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Funding for affordable housing in region doubles under home loan bank program – Four Texas groups, including nonprofits and a housing authority, have been awarded $2.3 million by the federal home loan Bank of Dallas to build or rehabilitate 556 housing units over the next three.