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Old 07-27-2021, 11:33 AM   #1
Tex_Cattleman
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Default Rock-Bottom Mortgage Interest Rates AGAIN!

Here we go again Ė lowest mortgage interest rates ever!

Last year brought the lowest interest rates in history. Since that time, I have worked with nearly 100 of your TBH brothers to refinance, purchase, or build. I absolutely love being your TBH mortgage sponsor. You guys are always a joy to work with.

Rates went back up beginning of last year, but have recently fallen all the way back down. Below is an example of a loan I ran this morning.

Straight refinance with closing costs rolled in (zero cash to close).
Loan amount $348,000.
Home Value $500,000.
745 credit score
15 year loan
2.125% WITH a small lender credit (i.e. the opposite of paying points). The 30 year rate for this loan would be 2.75%.

There are several reasons to consider a refinance right now.
  • Lower that rate and save on your monthly payment
  • Go from a 30 year to a 15 year and save literally tens thousands of dollars over the life of the loan
  • Drop PMI (the way home values have increased over the last year, you will probably now have 20% equity.
  • Get cash out. Itís your equity, itís your money.
  • Consolidate those other debts. If youíre carrying a second lien or have balances on credit cards, paying those off through a cash out may be a smart financial move. Compare these low mortgage interest rates to your ridiculous credit card interest rate!

If you want to see what a refinance would look like for you, I can tell you in about 5 minutes. Simply email me (1) your last mortgage statement, (2) estimated credit score, (3) estimated home value.
EMAIL: trey@treypowers.com. Or, you can always call me. 512-203-5869.

Interest rates and loan terms are are subject to change without notice. Your exact rate or rate quote will be determined by your loan terms, credit score and value. Nothing in my post is (or should be construed as) an offer to extend credit.

Thanks guys!!!

Trey Powers
Senior Loan Officer
City Bank Mortgage (An Equal Opportunity Lender)
1326 Hwy 290
Dripping Springs, Tx 78620
512-203-5869
trey@treypowers.com
NMLS 1294913
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Old 07-27-2021, 11:48 AM   #2
Hoggslayer
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Trey did our refi last year. Smoothest transition I ever had. Easy as could be.
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Old 07-27-2021, 12:09 PM   #3
Johnny Dangerr
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We just bought a new car.

2% interest...................
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Old 07-27-2021, 12:22 PM   #4
deano70
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Quote:
Originally Posted by Hoggslayer View Post
Trey did our refi last year. Smoothest transition I ever had. Easy as could be.
x2!
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Old 07-27-2021, 12:25 PM   #5
Treeshark
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Trey fixed us right up on a “cash out “ loan! Excellent service!!!
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Old 07-27-2021, 01:28 PM   #6
Cullbuck
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I sent you an email Trey


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Old 07-27-2021, 01:34 PM   #7
Bear82
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Can I get that rate on land? Owe only a third of value.
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Old 07-27-2021, 01:53 PM   #8
12RingKing
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Do these rates apply to investment properties?
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Old 07-27-2021, 02:01 PM   #9
txoutdoorsman24
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Sent you an email Trey. Thanks
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Old 07-27-2021, 02:14 PM   #10
downtown44
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Great guy to work with!! We just finished our refi and are really happy with everything. I highly recommend working with Trey.
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Old 07-27-2021, 02:39 PM   #11
CEO
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Email sent.
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Old 07-27-2021, 03:17 PM   #12
BrianL
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As a lender... THESE RATES ARE KILLING ME!!!!!! Go inflation!!!!

At least I don't do mortgages

Last edited by BrianL; 07-27-2021 at 03:56 PM.
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Old 07-27-2021, 03:44 PM   #13
Iceman89
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Just sent you an email Trey
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Old 07-27-2021, 03:51 PM   #14
Boomstick
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email sent
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Old 07-27-2021, 04:08 PM   #15
OldRiverRat
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Email sent


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Old 07-27-2021, 04:11 PM   #16
CBHunter
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Great guy to work with. He helped us with a refi earlier this year.
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Old 07-27-2021, 04:12 PM   #17
Rotney
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Email sent
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Old 07-27-2021, 04:27 PM   #18
60 Deluxe
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Don't tarry. With Sleepy Joe in office it won't be long until we will see Jimmy Carter level mortgage rates again. Crunch your mortgage numbers at 13+% and see what that will do to a monthly payment.
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Old 07-27-2021, 04:35 PM   #19
TildenHunter
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Email sent Trey!
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Old 07-27-2021, 05:37 PM   #20
W E H
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whats the rate like for investment \ vacation properties ?
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Old 07-27-2021, 05:41 PM   #21
Duckologist
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Quote:
Originally Posted by CBHunter View Post
Great guy to work with. He helped us with a refi earlier this year.
Same here, awesome customer service

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Old 07-27-2021, 07:16 PM   #22
Full Throttle
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Trey did my 2 rent houses. My son Tyler called and spoke to him today, wanting to buy his first home. Wouldnít recommend anyone else
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Old 07-27-2021, 07:28 PM   #23
TexasCanesFan
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Trey did our refi last summer and was amazing to work with!!
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Old 07-27-2021, 07:30 PM   #24
menglert
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Sent! Really thought about it last time but rates weren't too much lower by the time I got around to really considering it.

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Old 07-27-2021, 07:38 PM   #25
oktx
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Trey refinanced my son’s house. Super simple.
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Old 07-27-2021, 07:47 PM   #26
ohuett
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Email sent.


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Old 07-27-2021, 08:20 PM   #27
LivinADream
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Trey, I'm adding on right now, just had an appraisal for home equity loan. Will I need a new appraisal after add on is finished to get a re-fi? Interested in going to a 15 yr.

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Old 07-27-2021, 08:23 PM   #28
ColinR
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Trey hooked us up last year! Great team to work with!
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Old 07-27-2021, 08:43 PM   #29
jimmy o
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Trey and his team are awesome they got us to closing very quick.
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Old 07-27-2021, 08:56 PM   #30
EastTexasMan
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2.75%? Only a week ago I was 3.25%…**** my luck
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Old 07-27-2021, 09:36 PM   #31
bbqfan5909
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Brother, rates havenít been 3.25 and below for a few years now.

Quote:
Originally Posted by EastTexasMan View Post
2.75%? Only a week ago I was 3.25%Ö**** my luck
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Old 07-27-2021, 09:48 PM   #32
brokeno
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Asking for a friend. What's the rate on $200 to repay for a crossbow.
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Old 07-27-2021, 10:13 PM   #33
Abcdj
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Wished you could help me in my situation dadgumit.
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Old 07-28-2021, 06:44 AM   #34
Tex_Cattleman
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Quote:
Originally Posted by bbqfan5909 View Post
Brother, rates havenít been 3.25 and below for a few years now.
His loan is in process, the particulars of which you do not know. Those varying details are what determine an available interest rate.

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Old 07-28-2021, 06:50 AM   #35
Tex_Cattleman
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As expected, the response has been huge. I worked through and responded to 30 inquiries yesterday. If you're not one of them, be patient with me - I'll have you something today.

A few have asked about investment properties. Answer is no 'deals" on those. Fannie Mae & Freddie Mac have limited the number of investment mortgages that can be delivered. The solution across the board to cut down on the number is actually higher than normal rates. Sucks, but that's where we are.

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Old 07-28-2021, 06:55 AM   #36
lck90
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Quote:
Originally Posted by bbqfan5909 View Post
Brother, rates havenít been 3.25 and below for a few years now.
I bought a house right at a year ago with a 30 year mortgage at 2.75%
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Old 07-28-2021, 08:21 AM   #37
texasag05
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email sent
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Old 07-28-2021, 02:16 PM   #38
Looney Tatonka
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Email sent. Thanks for your time.
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Old 07-28-2021, 02:41 PM   #39
BigL
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Trey I'll be contacting you when it's time for me to buy another house. Ended up selling the other house and moved into an apartment temporarily. Want the divorce to get finalized and all child and spousal support to get finalized before I make my next move. Hopefully rates will remain low until then! You will definitely get my business when I'm ready.
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Old 07-28-2021, 04:55 PM   #40
Gilly
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Sent you an email


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Old 07-28-2021, 07:24 PM   #41
spread5150
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Sent
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