Sunday, February 14, 2016

6-Bedroom Home in Copperfield Subdivision, Converse, TX

7550 Copper Cove, Converse, TX

S

$ Click for current price
6 BEDROOMS | 4 (4 full ) BATHROOMS | 2502 SQUARE FEET

READY FOR MOVE IN! Home features living room conversion to bedroom with bath, game room conversion to bedroom with bath, stained entry door, kitchen cabinet crown moulding, tile kitchen backsplash, full shower with tile surround at master bath, dual control thermostat, upgraded security system, Clopay garage door with opener and transmitters, extended covered patio, and full sprinkler system.


Posted by at No comments:

Tuesday, February 2, 2016

LOW MORTGAGE RATES FOR THE IMMEDIATE FUTURE


LOW RATES FOR THE IMMEDIATE FUTURE

Here is some interesting information from our friend in the mortgage industry:  

Theresa Flores
New Penn Financial, LLC
Sales Manager
NMLS# 224745
(210) 318-2750 x 12801
tflores@newpennfinancial.com

The yield on the 10-year U.S. Treasury note continues to hang near 2%. Not surprisingly, the 30-year fixed-rate mortgage continues to hang below 4%. As we mentioned last week, 2% on the 10-year note gets us sub-4% rate quotes on the 30-year loan.

Given the way the stock market has performed to start 2016, we expect mortgage rates to hold these lows for some time. Many investors are wary of stocks; wary investors take refuge in Treasury securities. The money that flows into these securities raises their price and lowers their yield. Because mortgage bonds take their cue from Treasury securities – the 10-year note in particular – investors are willing to accept lower-rate mortgages.


But low rates will remain in a precarious state. A big bounce in the stock market could easily lead to a big bounce in mortgage rates.   If you think now is the time to buy, visit our website and start house hunting.
Posted by at No comments:
Subscribe to: Posts (Atom)