Where can you get a 14% discount on houses?
Everywhere in Austin!
The average 30-year fixed-rate mortgage hit a record 3.29 percent this week, the lowest level in its nearly 50-year history. What does that mean for home buyers? A $300,000 loan in March 2019 had a monthly cost of $1,504 (30 year fixed loan). That same $1,504/mo payment would pay for a $343,900 loan today. Yes, 14.5% more house for the same price! (Taxes, insurance and HOA costs are not included.)
The record low mortgage rates coupled with the most inventory of the year coming on in the spring means anyone looking to buy a home this year should be in the market now!
Contact us today to learn about the exciting Zero Plus loan program with Zero lender and origination fees PLUS $1,000 credit at closing (terms and conditions apply).