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According to Mortgage News Daily, the decision saw the 30-year fixed mortgage product fall to 4.34 percent, which is the lowest in over a year and 19 basis points lower versus the same time a year. When the Fed announces it’s raising the federal funds rate, it’s usually all over the news.

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FHA loans provide an excellent opportunity to buy a home in Grand Praire, TX. The FHA (Federal Housing Administration) was created to give the average American a chance at owning their own home. FHA loans provide home financing to many that might not otherwise qualify for a conventional mortgage. Grand Prairie, TX – First Time Home Buyer Loans.

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Current rates in Texas are 3.632 % for a 30-year fixed, 3.167 % for a 15-year fixed, and 3.662 % for a 5/1 adjustable-rate mortgage (arm). check out our other mortgage and refinance tools

Grand Prairie Grand Prairie, TX Mortgage Rates Current rates in Grand Prairie, Texas are 3.70% for a 30 year fixed loan, 3.14% for 15 year fixed loan and 3.53% for a 5/1 ARM.

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A Conventional Construction-to-Permanent mortgage loan is used to finance the construction of the borrower’s home and permanent mortgage into one transaction.

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