Service First Blog

Blog articles tagged 'Texas'

Think falling oil prices may negatively impact the Texas housing market? Think again. According to the latest Texas Quarterly Housing Report, home prices statewide hit an all-time high of $200,000 during the second quarter of 2015. That’s an 8.1 percent increase compared to the same time...[read more...]

Categories:   industry news

Jumbo Mortgages Experience Significant Growth

Posted by:  Service First
2015-08-04 06:55:28

Did you know jumbo loans now account for approximately 20 percent of all mortgage loans? According to Mortgage Professional America, jumbo mortgage lending grew 36 percent year-over-year to an estimated $160 billion in the first half of 2015. In Texas, the threshold for jumbo loans starts at $...[read more...]

Categories:   industry news