Did you know that the average rate for a 30 year fixed mortgage over the past 30 years has been about 6.5%?
Did you know that a borrower who earns $100K per year and has $1K in monthly debt can typically be approved for a loan amount of about $350K at 6.5%? That
same borrower can get approved for about $400K at 4.5%. (Assuming a 3% tax rate, 20% down payment, and $100 per month for homeowners insurance.)
Low rates mean you can buy more house for your money! Call me today to get pre-approved for your mortgage. At RREA, we have agents ready to show you any home on the market! Call 281.288.3500 Monday-Friday 8:30a.m.-5:30p.m.