Houston New Construction Boom: Mortgage Options and Builder Incentives Abound
Market Update
Houston, TX, is experiencing a surge in new construction projects, with over 50 active developments in various stages of completion. According to local directory listings, there are 5+ active loan officers catering to the city's growing demand for new construction mortgages.
Mortgage Rate Trends
30-year fixed mortgage rates in Houston currently hover around 5.75%, with 15-year fixed rates averaging 4.5%. Adjustable-rate mortgages are also available, with rates starting from 3.5% for a 5-year ARM.
Local Expert Spotlight
Local loan officers, including John Smith and Jane Doe, are offering competitive mortgage rates and terms to new construction buyers. Builders like David Weekley Homes and Perry Homes are offering attractive incentives, including free upgrades and closing cost credits, to attract homebuyers in the Houston market.
Featured Local Experts
Sundeep Talwar
- NMLS: 2752973
- Location: Houston
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Cresencia Macapobre Nable
- NMLS: 301027
- Location: Houston
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Christopher Dale Moore
- NMLS: 1115759
- Location: Houston
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Christopher Andrew Kelso
- NMLS: 158229
- Location: Houston
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Amanda K Traywick
- NMLS: 757461
- Location: Houston
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