Mortgage interest rates for loans on Spring Texas homes have been sitting at historical lows for quite a while now. Back in 2003 which is not that long ago, mortgage interest rates were 6.25% while today’s interest rates on 30-year loans are 4.25%. The lower the mortgage interest rate the more buying power you have.
But the interest rates can’t stay this ridiculously low forever. They are going to have to head back up. Before mortgage interest rates are back in the 6% range, it’s time for a refresher course on how lower interest rates increase your buying power.
The video was created by Prudential Locations out of Hawaii. Although I would love living in Hawaii, my pocketbook is happy I am living in Spring Texas. Because Spring Texas real estate is an absolute bargain compared to the prices of Hawaii real estate.
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Jill made me feel like we were genuinely in the BEST of hands for the duration of our home sale!... read moreJill made me feel like we were genuinely in the BEST of hands for the duration of our home sale! She is absolutely incredible at her job and we never had to worry about anything because the second we begun to wonder about anything, she already had an email or text on the way to put our minds to rest. :)
I really cannot thank her enough for the amazing job she did with selling my first house. I always felt like she made my husband and I a high priority and I am beyond elated with the impeccable work she did for us to sell our home at full asking price--and SO quickly! Her marketing strategy was for our home was brilliant, the photos she took were exquisite, and her patience with me during this new process was really admirable. I asked many, many questions since I had not sold a home before and I was humbled by the amount of generous time she spent solely answering my lengthy list of questions.
Thank you Jill. You are the BEST realtor. We are so grateful for you! read less