|
QUICK SEARCH
DAILY FIXED MORTGAGE RATES
*Rates subject to change without notice
LOREENA on SOCIAL MEDIA
   REAL ESTATE VIDEOS
Available HOMES for SALE
FIRST TIME HOME BUYERS
 Your Guide to First Time Home Buying in Greater Frisco TX  Zero Down Payment, Zero Closing Cost Affordability Based Loan Program FORECLOSURES & SHORT SALES
HOMES OF THE WEEK
View Selected Homes Of the Week
(These homes are specifically highlighted because of its exceptional value or features). Contact us for a showing. LOCAL MARKET REPORTS
 It is our goal to empower you with local housing market reports. Information is power in real estate in negotiations.
FEATURED LISTINGS
HOMEOWNERSHIP
● Real Hard Truth about Homeownership
● True Cost about Homeownership ● Myths about Tax Assessments vs. Property Values ● Home Upgrades and Home Improvements ● Understanding Texas Homestead PHOTO GALLERY
About Loreena & 3:16 team REALTY
|
Are the interest rates low enough to interest you to consider a possible refinance on your current mortgage? Rates have been very attractive that ALL homeowners do need to consider a refinance. 4.25% on a 15-year note and 4.75% on a 30-year note have been one of the best I've ever seen in my adult life on an A-paper loan. So, I've been told in the late 80s, rates were as high as 16-18%. What a drastic change we've seen recently.
It is no doubt that Frisco Texas homes are not immune to the foreclosure and mortgage upheavals like the media's been talking about. However, real estate is very local. Local in a sense of neighborhood, price point and even square footage. One neighborhood in Frisco Texas will suffer more foreclosures and short sales than another. To dig this deeper, even within the same Frisco Texas neighborhood, each price point and square footage may suffer more foreclosures than others.
