Real Estate Recovery - Austin TX is well underway!  I have buyers getting rates that I am so jealous of!!  When I interest rates going downbought my house in the Spring of 2009, I missed the 4.5% rates that were offered by a couple of hours, and had to settle for 4.625%. 

In the past week, here are the rates my buyers have gotten:
4.375% - 30 year fixed with putting 10% down
4.025% with a JUMBO loan putting 15% down on a 5/1 ARM (he got an ARM because his contract in town is temporary and he will not own the house 5 years)
4.5% - 30 year fixed with putting 20% down for an investor

Some of these rates are unheard of.  A JUMBO rate nearly 4%??  An Investor rate under 5%??  A traditional, regular purchase below 4.5%??

These rates are unbelievable and buyers are jumping on the buying bandwagon right and left.

Austin TX homes buyers are out and ready for a deal!  Austin TX home sellers better be ready for them!! Real Estate Recovery in Austin TX has been here and is staying...

**Are You Packed Yet?**

donna harris Realtor Austin TX blog

Donna Harris, REALTOR®
RE/MAX Austin Skyline
www.DonnaHomes.com
Donna@DonnaHomes.com
austin-texas-homes-for-sale.com

Austin TX Real Estate

and the surrounding areas of Lakeway, Bee Cave, West Lake Hills, Cedar Park, Round Rock, Spicewood, Circle-C, Steiner Ranch, and everywhere in between... Hill Country Austin TX Real Estate and beyond. Whether you're buying or selling an Austin home, I'll be with you every step of the way. 

For real time Austin TX listings,click here.

** Multi-Million Dollar Producer Year after Year **

Copyright© 2011 By Donna Harris, All Rights Reserved. You may re-blog with links back to this post.
* 453 Shelf Rock - Rim Rock - Driftwood TX - Home for Sale $450,000 * was first published on donnahomesblog.com.

 
This post has been included in Texas Real Estate News Travis County, TX Real Estate News Austin, TX Real Estate News
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4 Comments on Real Estate Recovery- Austin TX - Interest Rates Going Down!

AUG
11
2011
475,398 Points 24 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Hi Donna,

Thos are some amazing interest rates, aren't they

so If I calculate that correctly, to borrow $ 100,000 that is $ 478.86 @ 4.025 for 30 years........ that is just amazing, That is sure to fire up the buyers in and around Austin Tx and kisck start a real estate recovery
11:57am • #1
1,314,016 Points 97 Featured Posts Outside Blog Hit Router Attended Rain Camp Called Shot Master

Keep in mind that the 4.025% is the JUMBO rate on a 5/1 ARM so that's well over $417k and not a traditional fixed rate.
12:21pm • #2
AUG
12
2011
883,375 Points 10 Featured Posts Outside Blog

Donna - great to see that the real estate recovery has a solid foothold in Texas ..... keep on spreading the good news it is definetly good for business.
12:27am • #3
1,314,016 Points 97 Featured Posts Outside Blog Hit Router Attended Rain Camp Called Shot Master

Kathy, Thanks!
9:47am • #4


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Donna Harris, REALTOR®, CDPE & ASP - Hill Country Austin Lakeway Homes, Donna Harris, REALTOR®, CDPE & ASP - Hill Country (Regent Property Group) Rainmaker_large

Donna Harris, REALTOR®, CDPE & ASP - Hill Country Austin Lakeway Homes

Donna Harris, REALTOR®, CDPE & ASP - Hill Country

Austin, TX

More about me…

Regent Property Group

Address: 7035 Bee Caves Rd #204, Austin, TX, 78746

Office Phone: (512) 592-7127

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This blog is to help educate Buyers, Sellers and even other Realtors across the country.  Each market is different and the way Real Estate is done is different.  Austin Real Estate is completely different than Dallas, California and Florida and everywhere else in between.  Some times there will be other things besides real estate as I like to rant and rave as much as the next!!  Come back often!

Donna Harris, REALTOR® with RE/MAX
Donna Harris, REALTOR® with RE/MAX
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