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Record Low Mortgage Rates!

August 18, 2010
Published by Sandcastle Homes

According to CNNMoney, 30-year mortgage rates are at their all time low since 1971. The most commonly used loan is a 30-year fixed-rate mortgage- which is now only 4.4%. It is incredibly rare for a 30-year mortgage rate to be below 5% when just a year ago it was 5.29%. Not only has the 30-year mortgage rate declined, but a 15-year fixed-rate along with adjustable mortgage rates has also fallen. A 15-year fixed-rate has been surveyed to be lower than it’s been since the survey began in 1991—at 3.92%.

These record low rates make now a perfect time to purchase a home. Low mortgage rates make for an undeniably positive position for those who are ready to buy a home.

Save even more by taking advantage of Sandcastle Homes’ August Buyer Incentive, there are less than two weeks left to save up to $10,000!

Visit http://www.sandcastlehouston.com/ for more details!

Tags: Buyer Incentives, Houston, Houston economy, Houston Housing Market, Houston Texas, mortgage, mortgage rates, new homes Houston Texas, real estate

Categorised in: Houston Real Estate, Sandcastle News

This post was written by Sandcastle Homes

"We are so grateful to have found Sandcastle Homes! They’ve made the home-buying process so much easier and more enjoyable than we could have imagined. They are responsive, respectful, and always put the customer first. We truly appreciate the speed and accuracy with which they’ve addressed any concerns we’ve brought up throughout the process and can’t wait to officially own our first home. Sandcastle has a team that clearly values one another as much as they do their customers, and you can feel a sense of community when working with them."
Carol Sandler
"Sandcastle did an amazing job with my house. They came through on everything they promised. Jose Salas, the construction manager, is very helpful even after we closed on the house. He goes above and beyond. Getting to meet the owner, Salomon, during the closing was a great experience as many other builders don’t do this. We love our house and the quality of it!!"
Enrique and Judith
"We just moved into our new home by Sandcastle. Since the beginning of the process the whole Sandcastle team paid great attention to our requests and responded rapidly. We were lucky to get in contract in time for us to choose colors, kitchen design, finishes and other and all our requests were reflected in our new house. At the end of the closing, the team always kept the same great attitude towards us and helped us with any question or request. We would say one of the greatest things about Sandcastle is that they really back up what they sell: best price, best service, best quality in town. We ended up extremely pleased with our new house."
Andres and Marcela
"I just moved into my new Sandcastle home and I think it’s a wonderful place to live. They have been very helpful, particularly Lynette and Steve. From the owner Mike Salomen down, it has been a truly positive experience. I would highly recommend anyone who wants to buy a new home that is built of high quality to consider this home builder."
Neal Massey

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