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May Wettest Month Ever In Texas. The Houston area was not hit "that hard until the past few days, but then heavy rains came in waves and areas around Sugarland have received more than 17.50 inches of rain. The area around San Marcos has received heavy flooding, with more than 18 inches of rain this month," Nielsen-Gammon adds.

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A Texas-size flood threatens the Gulf Coast, and we’re so not ready. – As much as 40 inches of rain could hit parts of Texas and Louisiana.. a hurricane and storm surge watch for most of the Texas coastline, and. over the Houston area, bringing about 10 months worth of rain in just five days.

Month What Most Rains – Tehachapiarts – Drought | StateImpact Texas – Most of the state has been under drought conditions for over three years. state climatologist john-nielsen gammon has warned that Texas could be in the midst of a drought worse than the drought of record in the 1950s. 2011 was the driest year ever for Texas, with an.

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Mortgage Loans Dallas Rapid Growth in Junk Bonds and Loans Poses Risks, Dallas Fed Chief Says – Robert Kaplan, president of the central bank’s Dallas branch, said in prepared remarks. also known as leveraged loans, is starting to resemble the frenzy in subprime mortgages in the years before.

Other Dallas mortgage types rise. The rate for 30-year jumbo mortgages also trended upward this week, ascending 4 basis points to 4.38 percent. Jumbo mortgages are used for loan amounts above limits set by the federal housing finance Agency; for the Dallas area, that limit is $424,100.

An unintended outcome was that hundreds of thousands of homeowners, granted a mortgage before 2008 at a time when lending.

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We are a Direct Full Eagle Mortgage Lender and are fully authorized to fund VA, FHA, USDA, HECM (reverse), Fannie Mae, and Freddie Mac loans. 1. Purchase borrowers are the most likely to be taken advantage of in a transaction by some bait-and-switch lenders because the borrower is on a deadline.

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An amount paid to the lender, typically at closing, in order to lower the interest rate. Also known as mortgage points or discount points. One point equals one percent of the loan amount (for example, 2 points on a $100,000 mortgage would equal $2,000).

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In metro areas such as Denver, buyers are rushing to close a deal before mortgage rates get too high. In Dallas, some are embracing longer commutes to find homes they can afford. And in places such as.

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The bank card default rate rose six basis points to 3.48%. The auto loan default rate remained unchanged at 0.99%. The first mortgage default rate was one. The rate for Dallas was one basis point.

Current rates in Texas are 3.746% for a 30-year fixed, 3.238% for a 15-year fixed, and 3.7% for a 5/1 adjustable-rate mortgage (ARM). Check out our other mortgage and refinance tools Lenders

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Such appreciation is thought to be due to low mortgage rates and a property shortage in the current market. Recently, Dallas has experienced a development and population increase that will likely.

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If your home value has risen and you would like to eliminate PMI (private mortgage insurance), you can refinance and have it removed on the new loan. Is a refinance worth it? The easiest way to figure out whether or not it’s worth it to refinance is to use one of the many available online refinance calculators.

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NerdWallet’s best mortgage lenders in Texas. To help guide you toward the best mortgage lender in Texas for your unique needs, NerdWallet has picked some of the best lenders in a variety of.

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