houston new home construction mortgages in 2025

Mortgage Rates for New Homes Are Typically Lower Than Existing Home Mortgages

Lock in Lower Rates on New Construction by Long Lake. If you’re shopping for a home in the Houston area, this is great news… you can save hundreds every month, and it’s something resale homes just can’t match right now. Across the country, buyers of newly built homes are securing mortgage rates about half a percentage point lower than buyers …

bidding wars

2020 Will See the Return of Bidding Wars

Redfin has come out with its new predictions for the 2020 housing market with the expectations that bidding wars will return after an 18-month hiatus. What does that mean for the real estate market? Daryl Fairweather, Redfin Chief Economist stated: “Low mortgage rates started to revitalize the market at the end of this summer, but we won’t see their full …