DALTX Real EstateDALTX Real EstateDALTX Real Estate
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Reading: Low Mortgage Rates Are Here To Stay, Experts Say
Share
Font ResizerAa
DALTX Real EstateDALTX Real Estate
Font ResizerAa
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Follow US
© DALTX. All Rights Reserved.
DALTX Real Estate > Kraft Heinz plant > Low Mortgage Rates Are Here To Stay, Experts Say
Kraft Heinz plant

Low Mortgage Rates Are Here To Stay, Experts Say

3 Min Read
SHARE
Contents
Low Mortgage Rates Are Here To Stay, Experts SayMore Lunchables, Kraft Heinz Snacks Coming To GarlandBoise Tops List Of Favorite Housing Markets

Lead-art

Mortgage experts forecast that low rates will last through 2020, a popular snack company is set to expand in Garland, and Realtor.com releases its top American housing markets, all in this week’s roundup of real estate news.

Low Mortgage Rates Are Here To Stay, Experts Say

There’s good news for those who have plan to buy a new home or refinance their current abode in 2020, according to Bankrate writer Natalie Campisi.

“The average 30-year fixed mortgage rate started 2019 at 4.68 percent and steadily declined before closing out the year at 3.93 percent. In 2020, rates are expected to remain mostly stable, not straying too much higher or lower from the 4 percent mark,” Campisi writes.

Mortgage-rates

Bankrate chief financial analyst Greg McBride said he expects rates to hover around that 4 percent mark throughout 2020.

“The benchmark 30-year fixed rate mortgage will hopscotch back and forth over the 4 percent mark for much of 2020, remaining low enough to facilitate homebuying and providing ample refinancing opportunities on those trips below 4 percent,” McBride said in a Bankrate news story.

Source: Bankrate

More Lunchables, Kraft Heinz Snacks Coming To Garland

A $25 million expansion is planned at the Kraft Heinz
plant on Forest Lane in Garland.Mortgage-rates

The already 266,000-square-foot plant employs about 850; the expansion will create 250 new jobs, thanks to assistance from the Texas Enterprise Zone program.

The 50-acre site is Kraft Heinz’s largest manufacturing plant.

Lunchables, Oscar Mayer Naturals, Kraft barbecue sauce, and Velveeta Skillets, are made on site at the plant, according to a report from Texas A&M University Real Estate Center.

Source: Texas A&M University Real Estate Center

Boise Tops List Of Favorite Housing Markets

You read that right. Boise, Idaho, is now the “hottest housing market” in the country, according to a Realtor.com report.

The study, summarized by Ryan Passy, “identified the housing markets that are expected to see the most notable home sales and price growth in 2020.”

Mortgage-rates

Boise was listed at No. 8 last year. Its median sales price for 2020 comes in at $295,000. Out-of-state buyers are drawn to Idaho’s mild climate and booming technology companies, the report states. The No. 2 market was McAllen-Edinburg-Mission, Texas, with a median sales price of $152,000.

“McAllen’s affordable home prices, combined with Texas’ favorable tax environment, have made the border city an attractive destination for home buyers looking to move,” Passy writes.

No other Texas cities made the top 25. Other high ranking cities and their median sales prices were:

  • Tucson, Ariz., $230,000
  • Chattanooga, Tenn., $189,000
  • Columbia, S.C., $178,000
  • Rochester, N.Y., $149,000
  • Colorado Springs, Colo., $312,000
  • Winston-Salem, N.C., $169,000
  • Charleston-North Charleston, S.C., $270,000
  • Memphis, Tenn., $188,000

Source: Realtor.com

In a Surprise Finding, Garland Might Not be That Zombie-Friendly
Pet-Centric Luxury Apartments in Grapevine and Garland Cater to a Dog’s Life
First-Time Homebuyer? Here’s the Dallas-Fort Worth Area’s Top Cities to Consider, Plus Other Reports
According to This Study, D-FW is a Telecommuting Haven
Put the Paintbrush Down and Step Away From the Exposed Brick
TAGGED:EdinburgGarlandhot housing marketsLunchablesMcAllenMissionMortgage RatesOscar Mayer
Share This Article
Facebook Email Copy Link Print
Previous Article What Are The Top International Hot Spots For Retirement?
Next Article With Bigger Goals Ahead, There’s No Looking Back For Duke Jimerson
Popular News
Hachette Book Group

Ryan Serhant Shares Secrets to His Success Saturday in Dallas

Fort Worth’s Newest Real Estate Brokerage Announced
Throwing Shade: Keep Your Cool in North Texas’ Hot Summer With These Shady Open Houses
The Best Dallas Apartments For Your Pooch
Creativity in Sales And Marketing Honored at Dallas Builders Association’s McSAM Awards
about us

DaltxRealEstate.com is the largest real estate blog and the only one in North Texas.

Links

  • Privacy Policy
  • Terms of Service
  • Contact Us
  • Paid Guest Post Submission

Categories

  • Wednesday WTF
  • East Dallas
  • Monday Morning Millionaire
  • Upon Closer Inspection

Get Involved

  • Advertise With Us
  • Write for Us: Submit Guest Post

Find Us on Socials

© DALTX. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?