Lower mortgage rates prompted dallas-fort worth builders to ramp up home starts in the third quarter. Builders in the area started 9,432 houses – a 4.6% rise from third quarter 2018, according to.
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Lower mortgage rates helped spark new home sales in Dallas-Fort Worth during the third quarter, prompting builders to boost.
Benchmark 30-year rate rises in Dallas. With the 30-year fixed rising, it means that homebuyers and refinancers will find it more costly to borrow. The growth in the mortgage rate raised 30-year fixed-rate monthly payments on a hypothetical $165,000 mortgage to $806.88, a difference of $8.69 from last week.
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