Your new Central Austin Home is waiting.
Why delay? Federal tax credits of $8000 or $6500 are available now for homebuyers in Austin, Texas. Also, mortgage rates for Austin homes are at historic lows and are set to rise in the coming months as the Fed halts purchases of mortgage backed securities.
On a $250,000 mortgage on a house in Austin, Texas, if the mortgage rate was 1% higher than today, an additional $10,000+ dollars would be paid in interest over 5 years. Add that to the federal tax credits for houses purchased through April 30, and buyers could be leaving almost $20,000 on the table by waiting. Inventory is healthy, sales are increasing and prices are more reasonable on Austin, Texas homes.
Now is a great time to say goodbye to the landlord and purchase an Austin Texas home today. I have helped many buy in Austin and can get you a good rate on a home loan at the same time. One contact for homes and loans in Austin Texas since 1994.
Jeff Harris
Realtor/ Mortgage Broker
True Austin Properties
