The recent announcement of the Federal Reserve’s intentions to purchase Treasury securities over the next six months has pushed mortgage interest rates down to levels so low that the rates are making history.
Rates so low that 30 year fixed home mortgages are below 5% and who would have guessed that? Certainly not the manufacturer of Rick’s (my working partner and fellow Prudential Gary Greene, Realtor) business cards.
To the right is the once handy little monthly payment chart that Rick has printed on the back of his real estate business cards. The chart’s not as handy now since interest rates are below 5% and are not depicted.
Lower interest rates are good when you are in the real estate market for a Spring Texas home but not good when you have to replace business cards due to outdated charts. Oh well, I guess the charts will make good bookmarks.
We entrusted Jill Wente with the sale of our current home and purchase of a new home. From the beginning... read moreWe entrusted Jill Wente with the sale of our current home and purchase of a new home. From the beginning she was extremely up front and honest about exactly what we would need to do to get our house sold. We had an incredibly tight timeline, that she explained would be difficult to make - but she helped us make it happen and our house was under contract in 2 days! She had recommendations for all our home repair needs and they were all professional and fairly priced. She worked hard to really sell our offer for our new home - she was able to pull off the tight timeline, securing a rent back from our old house so we had time to move out, and a contingency for our new home. Definitely exceeded our expectations. She was so helpful along the way - as first time home sellers we really relied on her and we feel lucky to have worked with her! You will not regret working with Jill! read less