Mortgage

The benchmark 30-year mortgage interest rate dipped to 4.45 percent in the latest Freddie Mac weekly survey. That's the lowest level for mortgage interest rates that Denton Texas home buyers have seen in since last March. Not surprisingly, mortgage purchase applications have picked up slightly to start 2019. That's good news because purchase applications were trending lower for much of the fourth quarter of 2018 It remains to be seen whether the dip in interest rates will be enough to spark area home sales into the green. While mortgage rates are the lowest we've seen [...]