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Record Low Mortgage Rates!

August 18, 2010
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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!

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This post was written by Sandcastle Homes

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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