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Austin, TX 78752

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Amcap's blog

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WE PROMISE TO DELIVER A HIGH QUALITY LENDING EXPERIENCE THROUGH INTEGRITY, KNOWLEDGE, AND PROFESSIONALISM, ALLOWING YOU TO REALIZE YOUR DREAM OF OWNING A HOME.

Letter from FHA Commissioner David Stevens

Here at American Capital Home Loans, we do our best to read daily Texas Home Mortgage Loan updates to stay on top of information that is pertinent to you all. This week, a letter sent out by FHA Commissioner David Stevens stated the importance of high quality standards within the mortgage industry.

Refinance Market on the Rise

In a previous post we stated that we expected to see an increase in refinance loans in the coming months. As it turns out, that refinance bump might be here sooner than expected.

Tax Credit for First Time Home Buyers Extended

It's official. Congress has extended the deadline to qualify for new home purchases to September 30th.

I think I just felt a breeze from the collective sigh of relief of 180,000 people. That's the amount of home buyers saved from being left out in the cold.

The closing date for new home loans was initially set for June 30th (yesterday). The new bill only allows people who already have signed contracts to finish at the extended date.

Home Price Index increases 0.8% in April; Dallas leads way

By: Ben Kercheval

According to a USA Today article, the The Standard & Poor's/Case-Shiller 20-city home price index rose by a national average of 0.8% over the month of April. Unless you've been living under a rock, you can guess that President Obama's $8000 tax credit for first time home buyers had something to do with that increase.

The Misconceptions about Raising your Credit Score

By: Calvin Burnett

This is an article about credit repair facts. Facts are vital. Facts inform. Facts, it seems, have been pretty absent of late in the lending industry. So, let’s get to some facts.

Why won't Texas mortgage rates be the same if I wait a few days?

By: Jennifer Anders

Just as we all follow the stock market and its ups and downs, some of us follow the mortgage interest rates as well. Texas mortgage rates change all day, every day, in which the markets and banks are open. This is a result of fluctuation in domestic and foreign economies. More specifically, it involves unemployment reports, major shifts in the stock market, mortgage backed securities auctions, and numerous other economic indicators.

Austin ranks atop Kiplinger's '10 best' for next decade

If you haven't already seen, for the second year in a row, Austin, Texas has made the list of 10 best cities for Kiplinger's magazine. In 2009, Austin was listed at #8, and this year, it was listed at #1 for cities for the next decade. Last year, the criteria was based on unemployment rates, business growth, and culture among other things. This year it was narrowed down to three components--smart people, great ideas, and collaboration.

Get your Texas Home Loan or Texas Refinance Today

Hey everyone. Just a reminder that you can apply for Texas Home Loans, Texas Mortgage, Texas Refinance, or any of our other services.

You'll see a menu on the right side of the screen. Just click on the need that applies to you, and we'll get started. If nothing else, you can always ask us a question by using either our discussion forum, or email us using our 'contact us' tab.

We have a Youtube account

You want more social media? We have more social media!

American Capital Home Loans now has a Youtube account. You could probably tell this by the fact that our videos on this website are embedded from Youtube.

You can check out all of our videos on our channel. Some videos are informative, others are insightful. Some are downright funny (we like to keep the mood light in our office).

Go there. Now. http://www.youtube.com/user/Amcaphomeloan

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We're rainmakers!