Frisco real estate TX, Plano real estate and North Dallas real estate, home listings and homes for sale in Texas - Janna, Jerry, & Chad Burton, REALTORS® Janna, Jerry, & Chad Burton REALTORS(r) for Frisco, Plano and North Dallas, Texas real estate - NUMBER1EXPERTS™ Janna, Jerry, & Chad Burton NUMBER1EXPERTS(tm) for Frisco, Plano and North Dallas, Texas real estate

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Janna, Jerry, & Chad Burton, REALTORŪ, real estate agents and broker for Frisco, Plano and North Dallas Texas home listings, property and land for sale - NUMBER1EXPERT(tm)
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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
Q 
Originally incorporated under the name Georgiana, what is the oldest incorporated city in the United States?

A 
York, Maine, which received an English charter in March 1642, is the oldest incorporated city in the U.S.
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Janna, Jerry, & Chad Burton, REALTORŪ, real estate agents and broker for Frisco, Plano and North Dallas Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Janna, Jerry & Chad Burton
William Davis Realty

8856 Coleman Blvd
Frisco, Tx 75034
"Burton Team"
972-625-0852
800-455-0376 Ext 0
214-850-9014
Fax: 214-572-9904
Email: jannaandjerry@yahoo.com

We're never too busy to help you, your family or friends. You got questions, we got the answers. Put the Burton team to work for you.

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William Davis Realty real estate and homes for sale in Frisco, Plano and North Dallas Texas

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