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Austin Mortgage News |
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Housing Affordability Near Highest Level In 18 Years
Austin Real Estate - Financial Opportunity of a Lifetime
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 Housing Affordability Near Highest Level In 18 Years
Houses are the cheapest they've been since 1991. Bolstered by affordable interest rates and low prices, nationwide housing affordability during the second quarter of 2009 continued to hover near its highest level since the series began 18 years ago, according to the National Association of Home Builders (Aug. 19, 2009). You have the financial opportunity of a lifetime.
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Mortgage Rates Remain at 37-Year Lows
The average rate for a 30-year-fixed mortgage has dropped to the lowest levels in 37 years - since Freddie Mac started surveying interest rates in 1971! |
Less Homebuyers = More Negotiating Power
Real estate agents need to sell homes. With low competition for homes, you have an opportunity to negotiate for big savings. The struggling market gives you the upper hand, but make sure your realtor is a tough negotiator.
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My consultation is always free and I want to make sure your questions are answered. Please call me today to discuss your home financing: 512-293-1239 (Cell) and 512-617-5636 (Office).
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Frequently Asked Questions
You still have time to take advantage of the $8,000 New Home Buyer Tax Credit, but time is running short!
It is too good of an opportunity to pass up!
First time home buyers with certain income limits who purchase a home before December 1, 2009, will receive a tax credit of up to $8,000. You should have a home under contract before the end of October to ensure it can close before the deadline.
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