A lower monthly payment means savings that can add up significantly over the life of a home loan. It also means that qualified buyers may be able to purchase more home for their money. Maybe that’s a bigger home than what they’d be able to afford at a higher rate, an increasingly desirable option considering the amount of time families are now spending at home given today’s health crisis.

If you’re in a position to buy a home this year, Preferred Properties of Texas would love the opportunity to initiate the process while mortgage rates are historically low. Contact our office today to speak with one of our knowledgeable agents.