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Contact The Askins Realty Group

If you have any questions or need more detailed information, please feel free to contact me via phone at 972.529.2394 or fill out the form to let us know how we can help with your real estate needs.

Office Location Stonebridge Ranch,
McKinney, Texas 75071
Phone: (972) 529-2394
Mike's Cell: (214) 727-3686
Jenee's Cell: (214) 727-3401
Fax: (972) 692-0435

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Mortgage RATE Alert! A Paper Loans at 3.5% and 15 Year Money at 2.71%! Great time to LOCK

Posted by Mike Askins on Sunday, January 31st, 2016 at 2:48pm.

Mortgage rates are some of the best seen over the last year. Even after the rate hike, rates have reversed and declined to below the pre-rate hike levels.

It is a GREAT time to find that New Home and get your rate locked!

MORTGAGE INTEREST RATES FOR DALLAS TEXAS

REAL TIME MORTGAGE INTEREST RATES

Need a wonderfully competitive local lender? We have Your Solution!

HOW MORTAGE RATES AFFECT YOUR PURCHASING POWER

When rates go up 1% it is like adding $30K to your home's price tag. When rates go down by 1% it makes the price of the home you want to buy feel $30K less expensive. Said another way if at 6% you can afford to buy a $300K home, then at a 5% rate you can afford up to $330K while maintaining the same payment resulting from 6% and a $300K price. On the other hand, if rates go up 1% then instead of being able to buy a $300K home you would have to lower your price to $270K to keep your monthly payments the same.

 

 

Questions? Call mike_96 at 214-727-3686 - Mobile


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