Today USDA sent out a memo to Texas lenders stating that they anticipate running out of money by the end of April. There is no mention as to when they forsee getting refunded. USDA financing is one of the last, truly, 100% loan options available to buyers in less populated and somewhat rural areas. In Central Texas, these areas include parts of Pflugerville, Leander, Budha, and Bastrop.
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Welcome to my blog. This blog is a forum that allows me to share information and insight on the Mortgage Industry and Real Estate Industry for Austin, Texas. While I may add some useless information on occassion, I try my best to keep relevant information on this blog. I want you to get a feel for how the real estate industry is doing in Austin and on the National level as well. Please feel free to comment on any of my thoughts and always offer your own opinions.
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