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Rock-Bottom Mortgage Interest Rates AGAIN!

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    Rock-Bottom Mortgage Interest Rates AGAIN!

    Here we go again – 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. It’s your equity, it’s your money.
    • Consolidate those other debts. If you’re 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

    #2
    Trey did our refi last year. Smoothest transition I ever had. Easy as could be.

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      #3
      We just bought a new car.

      2% interest...................

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        #4
        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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          #5
          Trey fixed us right up on a “cash out “ loan! Excellent service!!!

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            #6
            I sent you an email Trey


            Sent from my iPhone using Tapatalk

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              #7
              Can I get that rate on land? Owe only a third of value.

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                #8
                Do these rates apply to investment properties?

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                  #9
                  Sent you an email Trey. Thanks

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                    #10
                    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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                      #11
                      Email sent.

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                        #12
                        As a lender... THESE RATES ARE KILLING ME!!!!!! Go inflation!!!!

                        At least I don't do mortgages
                        Last edited by BrianL; 07-27-2021, 02:56 PM.

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                          #13
                          Just sent you an email Trey

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                            #14
                            email sent

                            Comment


                              #15
                              Email sent


                              Sent from my iPhone using Tapatalk Pro

                              Comment

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