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San Antonio Mortgage Lending | News, Weather, Sports, Breaking News

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WOAI NBC News Channel 4 San Antonio provides local news, weather forecasts, traffic updates, investigations, and items of interest in the community, sports and entertainment programming for San Antonio and nearby towns and communities in South Central Texas, including Windcrest, Uvalde, Universal City, Somerset, Seguin, Schertz, San Marcos, Sabinal, Poth, Poteet, Pleasanton, Pearsall, Braunfels, Live Oak, Kerrville, Hondo, Helotes, Goliad, Fredericksburg, Floresville, Eagle Pass, Devine, Del Rio, Cuero, Crystal City, Converse, Cibolo, Castroville, Carrizo Springs, Boerne, Bandera.
The article from News 4 San Antonio discusses the current state of the mortgage lending market in San Antonio, Texas. It highlights that despite rising interest rates, the demand for homes remains strong, driven by a robust local economy and population growth. The piece features insights from local mortgage experts who note that while higher rates have slightly cooled the market, San Antonio continues to be an attractive place for homebuyers due to its affordability compared to other major Texas cities. The experts also provide advice for potential buyers, emphasizing the importance of getting pre-approved for a mortgage and understanding one's financial situation before entering the market. Additionally, the article touches on the variety of mortgage products available, including fixed-rate and adjustable-rate mortgages, and the benefits of working with a local lender who understands the nuances of the San Antonio housing market.

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