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Take Advantage of Low Mortgage Rates

May 27, 2020 6:12 pm

Now is the time to take advantage of near-historic low mortgage rates on new homes in Austin TX. Smart buyers could save tens of thousands of dollars over the life of their mortgage by locking in these rates today.

Mortgage interest rates have stayed below 3.3% for the past month. For the week ending May 21, the average 30-year fixed-rate mortgage was 3.24%. Rates on 15-year mortgages were even better, with an average of 2.7% in the same week.

Of course, good credit scores will continue to be important for obtaining the best mortgage rates. Keys to a good credit score include low debt-to income ratio, a solid record of paying bills on time and maintaining steady employment. It’s a good idea to refrain from applying for other new credit while you’re preparing to qualify for a mortgage.

Buffington Homes has available homes ready or under construction now to help you take advantage of today’s low rates. We build our homes in amenity-filled new home communities in and around the Austin TX area. We have homes available in Blanco Vista and TRACE in San Marcos TX, Madsen Ranch in Round Rock TX, Rutherford West in Driftwood TX, Shadowglen in Manor TX, The Colony in Bastrop TX, Villas at University Park in Round Rock TX and Whisper Valley in Whisper Valley TX.

All our available homes are energy-efficient new construction in various stages of completion. Purchase and move into a completed Quick Move-In Home if you want to be settled in your new neighborhood as soon as possible. Or select a home under construction so you’ll have time to choose your design details and finishes before you move in.

Our model homes are open! To schedule your personal tour, live chat with us or call 512-856-5664. You can also enjoy virtual tours of some of our model homes while relaxing on your own couch. Our virtual tour gallery currently features four model homes. You can digitally “walk” through each one to see the layout, construction details and finishes that make our homes the best in the region.

Call or text Buffington Homes today to take advantage of today’s low interest rates on new homes in Austin TX.

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