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Real Estate Tips
Financing Your Home >Hybrids Offer Low Rates

In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.

Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.

Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.

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Real Estate Trivia
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What is the world's most capacious building?

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The Boeing Company's main aircraft assembly plant in Everett, Washington, has been expanded to a capacity of 13.4 million cubic meters, or 473 million cubic feet.
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Delilah and Company, REALTOR®, real estate agent and broker for Barton Creek, Westlake and LakewayTexas home listings, property and land for sale - NUMBER1EXPERT(tm)

Delilah & Co.
Keller Williams Lake Travis

1927 Lohmans Crossing
Suite 102
Phone: (512)402-1330
Cell: (512)415-5364
Fax: (512)263-0109
Delilah: Delilah@WestAustinHomes.com

Delilah & Co.(WestAustinHomes.com) brings more to the table than anyone else when it comes to your real estate needs.

Whether you are buying, selling, or renting a property, Delilah & Co. (WestAustinHomes.com), the top producing team at Keller Williams Lake Travis office, utilizes the latest information technologies, market research, and business strategies to exceed all of your expectations.

Over the past years, Delilah & Co. (WestAustinHomes.com) has become one of Austin's most respected Real Estate teams. Our team ranks among the top producing teams in Austin and has received many local awards as well as been recognized several times in the Austin Business Journal.

Our motto at Delilah & Co. (WestAustinHomes.com) is to work hard, to be committed, to always bring integrity in every deal, and to put our clients first in every aspect of the buying and selling process. Our clients make us who we are!

Our goal is not just selling or buying homes or investment properties, it is to create LIFE LONG relationships by representing our clients from contract to close. We are truly dedicated to be the best team by offering the best service to our clients twenty-four seven!

From finding a great home to real estate investing, Delilah & Co.(WestAustinHomes.com) will find the real estate solution that is right for you.


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