There is no doubt that Austin real estate benefits from low mortgage rates. Low rates that are available today can save home owners tens of thousands, if not hundreds of thousands of dollars over the life of a loan. This week the great news for Austin real estate was that mortgage rates hit historic lows … Continue reading Austin Real Estate Benefits From Low Rates
Many potential home buyers who have been waiting for the other shoe to drop before buying Austin real estate may be wondering how long will mortgage rates stay low? It’s a good question indeed, just as when will the market recover? and when will real estate values pick up? are good questions. Unfortunately the answers … Continue reading Austin Real Estate, How Long Will Rates Stay Low?
Austin real estate can benefit from that fact that mortgage rates are the lowest that they have ever been, EVER! Rates this week have averaged at 4.01% (30 year fixed rate loan) for the first time since rates have started being recorded, offering great savings for anyone buying Austin real estate today. Another interesting fact … Continue reading Austin Real Estate, Rates Lowest Ever!
The best news for Austin real estate is that mortgage rates lowered again this week. In fact they hit 60 year lows, a great rate for anyone considering buying Austin real estate. The bad news is that many potential buyers are still unable to secure a loan, the good news is that if you are … Continue reading Austin Real Estate, Mortgage Rates Lower Again
Anyone relocating to Austin Texas who depends on one home selling before buying a new home may want to consider looking into a bridge loan. There is no doubt that loans are harder to acquire with today’s tough lending practices, however securing a loan is not impossible when it comes to Austin real estate. Anyone … Continue reading Relocating to Austin Texas, Bridge Loans Can Be Helpful
The low mortgage rates are a boon for Austin real estate. At the moment rates are the lowest they have been this year, averaging less than 4.4% for a conforming 30 year fixed rate mortgage for borrowers with perfect credit. Why are rates so low and staying there? The nation’s real estate market is growing … Continue reading Mortgage Rates Boon For Austin Real Estate
Follow these seven tips to make sure your contractor agreement works in your favor—not your builder’s. Step 1: Hire a lawyer Contractors use their own forms, which are drafted for their benefit, not yours. You’ll benefit from hiring an attorney to review your contractor agreement or draft one that’s you-friendly. Even though this may cost around … Continue reading 7 Steps to an Iron-Clad Contractor Agreement
The current historically low mortgage rates are great for Austin Texas real estate. Mortgage rates have dropped and risen in small bits and spurts lately, rising last week to an average of 4.24% for a 30 year fixed rate mortgage. This week, thanks to the Federal Reserve’s announcement that they are planning to buy roughly … Continue reading Mortgage Rates Great for Austin Texas Real Estate
Austin Texas is the capital of a state that has avoided a mortgage crisis. The number of headlines captivated by foreclosures has been overwhelming over the past couple of years. September apparently is a month that goes down in history as having the highest number of foreclosures ever. Somehow, Texas has avoided these headlines, as … Continue reading Austin Texas, Capital of State That Avoided Mortgage Crisis
