Low Interest Rates Provide a Silver Lining for Homebuyers

March 26, 2020

You may be asking yourself if now is a good time to make that leap and purchase a new home. Now is a great time to start browsing online to find that perfect community and home! The Fed recently slashed interest rates in order to give the economy a boost due to the coronavirus pandemic. This is a silver lining for buyers who are in the market!

Take advantage of these historically low interest rates by starting a conversation with your builders and lenders today and see what incentives they are offering. Lenders may have low or no down payments, cash at closing, or points towards their point system. Builders may be open to a credit towards upgrades.

When you combine low interest rates with builder and lender incentives, you may find that dream house can become a reality. When you find the perfect house for you, it’s time to put in an offer and lock in your rate

In addition, Friendswood Development Company is currently promoting their Discovery Home Tour. Visit any open builder model home in any Friendswood Development Company community between now and April 19th to register to win $5,000! No purchase is necessary!

In times like these we discover what community means to us. Your neighborhood is an important part of your community. Friendswood Development Company has strived to provide our residents with communities that will have everything they need, from exciting lifestyle amenities to award-winning schooling systems and shopping and dining centers all at convenient locations.

Virtual tours and online listings make social distancing possible. Friendswood Development Communities award-winning builders have online and up to date information regarding move-in ready homes and available floor plans. Contact individual Sales Managers to discuss what viewing options they have available. Visit us online today at friendswooddevelopment.com and discover the community and builder that can deliver your future dream home.

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