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This Week in Mortgage Rates: Buyers Are Back as Rates Hover in the Low 6s
This Week in Mortgage Rates: Buyers Are Back as Rates Hover in the Low 6s

Mortgage rates bounced around but stayed in a tight range near the low 6% area this week, while purchase applications hit their highest level since early 2023 and refinance demand more than doubled compared to last year. Here’s what that means if you’re thinking about buying or refinancing.

Stronger Data Last Week Caused a Slight Rate Bump
Stronger Data Last Week Caused a Slight Rate Bump

Stronger jobless-claims and durable-goods data from last week pushed the average 30-year fixed slightly higher, but mortgage rates are still near recent lows. Here’s what that means for buyers and homeowners

What Today’s Jobs Report Means for Mortgage Rates
What Today’s Jobs Report Means for Mortgage Rates

Mortgage rates held steady after a mixed jobs report, with unemployment rising and job growth coming in stronger than expected. Learn what this means for homebuyers and what to watch next.

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Welcome to our website!

Welcome to the official site of Pinnacle Mortgage and Lending. We are a full service mortgage company located in San Antonio. We specialize in FHA Home Loans. We can help you realize your dream of home ownership, or help you save money by obtaining a new lower monthly payment. In terms of Purchase Loan Programs, we offer the following:

FHA | VA | Texas Vet | Conventional | Jumbo | USDA

Refinancing? We can help you with that, too!

We offer a wide range of refinance options, designed to best meet the needs of local borrowers. If you're looking for cash out, or to just get a better rate and term, we can assist you. We offer the following Refinancing Programs.

FHA Streamline | VA Streamline | Conventional | Jumbo | Home Equity

Contact Pinnacle Mortgage and Lending today to discuss your options, and find out which program will best suit your needs.

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8000 IH 10 WEST #600

SAN ANTONIO, TX 78230
Phone: (210) 618-9515
dzendejas@pinnacleml.com

Figure: 7 TAC §80.200(b) "CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A COMPANY OR A RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550.

THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV"