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Jumbo mortgages are used for loan amounts above limits set by the Federal Housing Finance Agency; for the Houston area, that limit is $424,100. The average rate for 15-year fixed-rate mortgages.
Spirit of Texas Bancshares Inc., the Houston-area holding company of Spirit of Texas Bank. Spirit of Texas is adding three full-service bank branches and three loan production offices as a result.
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NEXT: Homes for sale on Houston’s five most expensive streets LGI Homes has opened. The average rate for a 30-year fixed-rate loan has hovered around 3.75 percent for the past three weeks, down.