If you bought or refinanced in 2020–2022, there’s a good chance you’re sitting on a mortgage rate around 3%. And now you’re asking the big question: “Does it make financial sense to give up my 3% interest rate and buy a new home in Texas?” For Texas move-up buyers, this isn’t just emotional — it’s mathematical. Let’s break down the real numbers, market dynamics, and long-term strategy so you can make a confident decision. The “3% Mortgage Rate Lock-In” Effect in Texas Many Te

When mortgage rates move, many people assume it’s random or driven solely by the Federal Reserve. In reality, one of the biggest influences on interest rates is the monthly jobs report. As a mortgage lender, this is one of the first economic indicators we watch—because it often explains why  rates are rising or falling. Why Job Numbers Matter to Mortgage Rates The U.S. jobs report, released monthly, shows how many jobs were added or lost, the unemployment rate, and wage growt