Tag Archives: Interest Rates

First Time Home Buyers

If you are a first time home buyer, what are you waiting for?  Now is the time to buy!  Interest rates are not high, there are first time home buyer tax credits, sellers are paying for a lot of the closing costs and warranty packages.  There is so much inventory on the market that you are going to find the right home for your housing needs and chances are, you’ll get it at a bargain price!  Call me today to find out if you qualify for cash back at closing.  I can help you find a great home at a low price today.

Jumbo Loan Rates are Down – Meet me at your Dream Home Today!

Our Coldwell Banker, United in house mortgage advisor’s Current Rate Index indicates rates are down for Jumbo Loans.  Special pricing for today’s Jumbo Loan follows:

  • 15 Year Fixed Rate Principle and Interest:  6.375% with 0 points
  • 30 Year Fixed Rate Principle and Interest: 6.875% with 0 points
  • 30 Year Fixed Interest Only: 7.125% with points

Now is the time to buy your Houston Area Dream Home.  Everybody knows it’s a buyers market and there is plenty of inventory available.  If you have cash, and you should if you’re buying a luxury home, now is the time to lock in your rates to buy in this area.   Although the stock market is wavering, our housing market is only off about twenty percent.  Oil prices are still way above sixty dollars a barrel.  Houston is a boomtown compared to the stagnating economies of the New England states and Housing Crisis on the West Coast.  I understand the current political worries of an election year, but as we move forward into 2009 I am optimistic that the market will begin to stabilize nationwide.  These rates will go back up.  Call me today so you can get locked in.  I can meet you at your dream home today.  All you have to do is make the call.