Great DOWN PAYMENT ASSISTACE PROGRAM for Texans

A borrower that qualifies for this program will get up to $10,000 in down payment and closing costs assistance from The State of Texas. The funds will be provided in the form a zero percent interest second loan that is repayable and amortized over a period between 5 and 10 years. The 1st payment will be due no later than the sixty-first (61) month after the first payment date of the senior lien. This Assistance can also be used in conjunction with the MCC Program!Call me if you are a first time homebuyer and let me help you reach your dreams. Check out my website at: www.austinareahomesforsale.com

4.375% Interest Rates... Are We Dreaming?!

Interest rates this low sounds like the stuff homebuyers' dreams are made of; but this is reality! It is such an opportune time to be on the market for a great home and Austin, Cedar Park and Round Rock are no exception.

Don't let the fact that the first time homebuyers' credit has expired hinder you from exploring the fantastic listings that are available. In the long run, having low interest rates on your mortgage puts you at an even greater advantage than the federal tax credit.

According to the Wall Street Journal, "The 30-year fixed-rate mortgage averaged 4.57% for the week ended Thursday, down slightly from the prior week's 4.58% average and 5.2% a year ago. It is at the lowest point in (Freddie Mac's weekley) 39-year survey."

These record low mortgage rates should be inspiring you if you're in the position to buy a home.