Most homebuyers depend on credit to buy. Your monthly payment hinges on what interest rate offered by Lenders. The lower, the better for your bottom line. Housing markets in the Houston area warm up in the spring, and with these rates, now is the time to apply for your home loan.
"For someone buying a $500,000 home in the District, the difference between buying that home today with a 30-year mortgage instead of a year ago is about $170 a month.
The 15-year fixed-rate average dropped to 3.03 percent with an average 0.6 point. It was 3.07 percent a week ago and 3.32 percent a year ago."
https://www.washingtonpost.com/blogs/where-we-live/wp/2015/03/05/mortgage-rates-tick-down-this-week/