Where Do You Want to Live?



Contact me for my favorites that are mostly in the Fort Worth, Mid-Cities and Grapevine areas
Here is some really great news for you…Average U.S. mortgage rates started 2021 near historic lows and have hovered in that vicinity through January. That news has likely reached and encouraged you, but emphasizing in real terms how much it will benefit your bottom line can provide valuable context for your homebuying or an investment purchase decision.
The average rate for a 30-year fixed-rate mortgage was 2.77% as of January 21, according to Freddie Mac. The average was 3.62% in January 2020 and 4.46% in January 2019, 85 basis points and 169 basis points higher, respectively, than the current rate. A buyer who purchases a $300,000 home at the average rate today would save just over $100,000 during the mortgage term compared to purchasing the same home two years ago—and the monthly payment would be almost $200 less.
Limited housing supply and low mortgage rates have contributed to increased competition and home prices, but the cost of borrowing money for a home is currently so low that you may be able to afford more than you would have one or two years ago.
Speaking of mortgage rates, I just got two investor homes under contract and each was a super low 2.75% rate which is excellent for an investment or as in the case of these, rental home investments!
Click this link for an informational graph
Contact me for more information
Steve Young
RE/MAX
817-276-5149
Steve@steveyoung.pro


Steve Young with RE/MAX
Thank you for following Steve Young with RE/MAX. Please check out my blog by clicking “Learn More” below and then follow me there too. It always contains listings for sale and lease, and not just homes but commercial, land-acreage, properties as well. Along with those, I post real estate information that all can use plus some local, State, and National information too.
This is my 31st year serving the DFW area handling everything pertaining to sales and leasing in commercial, residential, lots, land, foreclosures, condos, townhomes, opportunities in investment properties, and foreclosures. My services also include having an array of vendors such as electricians, plumbers, handyman, yard services, make-ready, etc. The key here is that most these vendors have been with me for well over 20 years. They not only do great work but are trustworthy, the only folks I will hire. Contact me if you are interested in selling, leasing, purchasing investment properties or just have some questions about what to do next or maybe what’s the best return on your money when it comes to updating! Have a great 2021 and I look forward to hearing from you.

Just click on this link or the one above and I’ll get to work for you!
Reply