The next step is hunting down the best mortgage for that Houston home for purchasing or refinancing. An excellent starting point is here: simply give us an idea of the type of loan you want. You will receive bids from multiple Houston lenders that will compete to provide a loan at the lowest rate, matching you with nearly 192 Houston mortgage lenders. Your mortgage may be for a new home, refinancing or perhaps a home equity loan - in any case, the best way to start is to see what everybody offers.

How much of a Mortgage?

Mortgage affordability is important to the bank, but crucial for you. As of 2005, the average Houston mortgage payment was $1,264 which will give you an idea of what you can expect even with historically low rates. Our mortgage calculator will help you plug in the critical components so that you can determine how large a home loan is reasonable for your Houston home.

Houston is a major city in Texas with no shortage of reputable mortgage lending institutions. These include financial houses working with us such as: Equity Mortgage And Realty, Home123.Tyus Finance & Mortgage, Inc.Preferred Mortgage Lending.Veterans Home Mortgage.SDI Mortgage.Bank of America.Tyus Finance & Mortgage, Inc.Liberty Mortgage.Dimension Mortgage.

Houston Mortgage & Real Estate Market

In 2006 Houston housing sales were at an all time high; down recently but leveling off. As of 2005, the median home value in Houston was $112,800. This number is big in comparison to the median home value back in 2000 of $79,300. Houston has a solid home ownership base with 838,050 houses and apartments and 42% of those are occupied by their owners. Despite the current market, historically Houston has been a city where people move, buy and stay - with 56% of homeowners currently paying off a mortgage. About 6% of the city's current homeowners are carrying a second mortgage or home equity loan.

Global Lending Solutions
1020 Macon Street Suite 2A Fort Worth, TX	Phone: 817-882-8367 Ask for: Kerbel Joe
Special Mortgage Programs
*****MAKING THE AMERICAN DREAM EASY***** *100% Financing *Great First Time Buyers Programs *Grant Programs *Down Payment Assistance *Refinancing *Free Credit Analysis *Free Mortgage Analysis *Investment Property Financing *No Doc Loans Call Joe Kerbel at 817-882-8367x301 TSML Broker #69802 Conditions & Restrictions Apply

Housing	Houston, TX	United States
Homes Owned	41.65%	64.07%
Median Home Cost	$115,400	$217,200
Home Appreciation	8.50%	9.80%
Homes Rented	50.06%	21.45%

Location	Population	Median Family Income (2005)
Abilene	115,930	$33,007
Amarillo	173,627	$34,940
Arlington	332,969	$47,622
Austin	656,562	$42,689
Beaumont	113,866	$32,559
Brownsville	139,722	$24,468

Category	Value
First Mortgage Only	56%
Homes With No Mortgage	37%
2nd Mortgage or Home Equity	6%
Second Mortgage Only	3%
Home Equity Loan Only	3%

Mortgage Type	Today	Last Week	Change
30 yr fixed	6.03	6.24	0.035%
15 yr fixed	5.47	5.72	0.046%
5/1 ARM	5.34	5.43	0.017%
3/1 ARM	5.48	5.42	0.011%

Your dream of home ownership, refinancing, or using your homes equity might just be an
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