Chris Thorpe Real Estate

Freddie Mac reports a drop in the 30-year fixed mortgage rate to 5.94 percent during the week ended Oct. 9, marking the first decrease in three weeks. The 15-year fixed rate slipped to 5.63 percent from 5.78 percent the previous week. Meanwhile, the five-year adjustable mortgage rate dropped a notch to 5.9 percent from 6 percent; and the ...

DALLAS (Dallas Morning News) – High-end home sales have taken a hit from the stumbling mortgage market, with million-dollar-plus home purchases falling about 12 percent in the Dallas–Fort Worth area through August. "The high-end market has been slow for the past year or more as the credit markets have priced those mortgages ...

TEXAS (Houston Chronicle, Associated Press) – Many Texas homeowners could soon be paying more for their insurance coverage thanks to rate increases that are either in the works or in effect with several major insurance companies. State Farm Insurance Co. and Farmers Insurance Cos. have both filed for rate increases with the Texas Department ...