03.31.2020

Make Your Move While Interest Rates Are Low

Have your eye on a beautiful, move-in ready J. Patrick Homes design? Now is the time to buy because mortgage interest rates are low, which means either lower monthly payments or more home for your money.

Mortgage rates change daily, but they have remained in a historically low range since January. One year ago, the 30-year fixed mortgage rate averaged 4.45 percent. The 15-year rate was averaged 3.89 percent. Today’s rates are much lower.

What does that mean for you? Buying now with a 30-year fixed-rate mortgage loan will keep your monthly payments low. Need to move quickly? A great option for home buyers is a J. Patrick inventory home.

Inventory homes are new homes that are either currently under construction or completely finished. They are a stress-free way to get into a brand-new home because you can move-in right away.

Building from the ground up can take months, but inventory homes can get you moving as soon as you can close. J. Patrick Homes often includes must-have options and upgrades in their homes, which means you’ll get into your dream home faster — and with lower interest rates for a lower monthly payment.

J. Patrick Homes offers spectacular move-in ready homes in choice communities throughout Houston, The Woodlands area, Conroe, Fulshear, Katy, Kingwood, Richmond, Spring, Sugar Land, Tomball and Pinehurst.

You can view these homes online, and when you find your dream home, contact a J. Patrick Homes Sales Professional for more information.


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