Austin
Home Mortgage Loans
Get The Lowest Interest Rate On
Austin Home Loans.
Whether you are a first time home buyer or
trading up to a larger home, we work to find the best home loan solution for
you. Constantly surveying the hundreds of mortgage lenders as well as
anonymously testing their staff, we are always aware of the conditions of the
home loan market as well as the lenders involved in it.
Best Lender For
Austin Home Loans
Unfortunately, the subprime mortgage
crisis has caused dramatic changes in the lending climate. Many lending
institutions have suffered tremendous losses and as a result have
tightened their lending standards drastically. Whereas it used to be
very, very easy to meet the requirements in order to get approved, it is
now much more difficult with most lenders.
When searching for a mortgage lender
in Austin, Texas, it is important to
find one that not only offers the lowest rates, but also has not
tightened lending standards to the point that only a tiny percentage of
applicants will qualify.
At the top of our list right now is ING DIRECT Orange Mortgage
for Austin Home Loans.
They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.
They are still approving the majority of applications for Austin home
mortgage loans.
Austin Texas
Overview & Statistics
Austin Overview
As of 2007, Austin's population is 709,893 people. Since 2000, it has had a population growth of 8.12 percent.
The median home cost in Austin is $312,500. Home appreciation the last year has been 3.78 percent.
Compared to the rest of the country, Austin's cost of living is 3.86% Lower than the U.S. average.
Austin public schools spend $5,274 per student. The average school expenditure in the U.S. is $6,058. There are about 14 students per teacher in Austin.
The unemployment rate in Austin is 3.00 percent (U.S. avg. is 4.60%). Recent job growth is Positive. Austin jobs have Increased by 2.73 percent.
Austin Climate
Austin, TX, gets 30 inches of rain per year. The US average is 37. Snowfall is 1 inches. The average US city gets 25 inches of snow per year. The number of days with any measurable precipitation is 70.
On average, there are 228 sunny days per year in Austin, TX. The July high is around 95 degrees. The January low is 40. Our comfort index, which is based on humidity during the hot months, is a 22 out of 100, where higher is more comfortable. The US average on the comfort index is 44.
Austin Housing
The median home value in Austin, TX, is $312,500. Home appreciation is 3.78% over the last year. The median age of Austin, TX, real estate is 24 years.
Austin, TX Apartments and Rentals
Renters make up 52.04% of the Austin, TX, population. 4.04% of houses and apartments in Austin, TX, are unoccupied (vacancy rate).
Austin Crime
Austin, TX, violent crime, on a scale from 1 (low crime) to 10, is 6. Violent crime is composed of four offenses: murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault. The US average is 3.
Austin, TX, property crime, on a scale from 1 (low) to 10, is 6. Property crime includes the offenses of burglary, larceny-theft, motor vehicle theft, and arson. The object of the theft-type offenses is the taking of money or property, but there is no force or threat of force against the victims. The US average is 3.
For related resources please visit:
www.cityofaustin.org
Austin Real Estate Agents
Texas First Time Home Buyers
Grants
Texas First Time Home Buyer
Programs
Texas Home Loans
Finally, you may want to visit
Mortgage Rates Predictions to find out if now is a good time for applying
for Austin Home Loans.
