Austin, TX: Record Home Affordability – Near Highest Level In 18 Years

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.

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.

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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About Max Leaman Austin Mortgage

Great Rates, Low Fees, Close on Time® – (800) 301-3405 Since 2001, Leaman Team has helped clients to purchase, refinance and renovate. The biggest distinction between lenders is their honesty, customer service, and ability to close on time.

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