Texas Real Estate Finance, LLC

📉 Rates dip → Refis surge, purchases stay cautious

Mortgage activity ticked up in mid-February as lower rates pulled more borrowers back into the refinance market.

Key highlights:

• Total applications rose slightly (+0.4%)
• Refis increased 4% week-over-week and are 150% higher than last year
• Purchases dipped week-to-week but remain 12% above this time last year
• 30-year fixed fell to 6.09% — the lowest level since September 2022

Refinances now make up nearly 59% of all applications, showing how rate-sensitive today’s market remains.

👉 Bottom line: With rates hovering near 6%, refinance opportunities are opening back up, while purchase activity continues to move carefully but remains stronger than a year ago.

Are you looking to take advantage of this refinance season?

Contact me today! 🏡📲😊

www.texasrealestatefinance.com

Self-Employed & Planning to Buy a Home? Read This Before You File Your Taxes 🧾🏡

If you’re self-employed, your tax returns play a huge role in how much home you can qualify for. While deductions lower your tax bill, they can also lower your qualifying income.

Before filing, consider:

✔️ Lenders review the last 2 years of tax returns
✔️ Excessive write-offs can reduce buying power
✔️ Clean, well-documented finances matter
✔️ Avoid major financial changes during tax season

💡 A quick conversation with your CPA and your mortgage broker before filing can make a big difference.

Planning ahead can save you time, stress, and money.
Let’s make tax season work in your favor. 📊✨

SPANISH:

¿Eres trabajador independiente y planeas comprar casa? Lee esto antes de declarar tus impuestos 🧾🏡

Si eres empleado independiente o dueño de negocio, tus declaraciones de impuestos juegan un papel clave en cuánto puedes calificar para una hipoteca. Aunque las deducciones reducen tus impuestos, también pueden reducir tus ingresos calificables.

Antes de declarar, toma en cuenta:

✔️ Los prestamistas revisan los últimos 2 años de impuestos
✔️ Muchas deducciones pueden afectar tu poder de compra
✔️ Finanzas claras y bien documentadas son importantes
✔️ Evita cambios financieros durante la temporada de impuestos

💡 Hablar con tu CPA y tu prestamista hipotecario antes de declarar; esto puede marcar una gran diferencia.
Planificar con tiempo te ahorra estrés, tiempo y dinero. 🫰
Hagamos que la temporada de impuestos trabaje a tu favor. 📊✨