Now is the time to buy a downtown Austin condo, as mortgage rates fall to a 16-month low. Sheri Cowan, Austin mortgage broker extra-ordinaire, offers the following rates for the week ending October 17th:
* 3.875% Conventional 30 year Fixed
* 3.000% Conventional 15 year Fixed
* 3.500% FHA 30 year Fixed
* 2.875% Jumbo 5/1 ARM
* 3.875% Jumbo 30 year Fixed
Rates are subject to loan amount, credit score, and loan-to-value ratio, and 100% financing is available with No Mortgage Insurance.
If you've been thinking of moving downtown Austin, call me today before interest rates start to climb again. Or call Sheri to discuss financing @ 512-750-8833. Just tell her I sent you!