Interest Rates Near Historic Lows

Interest rates have been trending downward since January but now they are nearing record lows, making it a good time to purchase your dream home in Cross Creek Ranch.

The average 30-year mortgage rate has swung 0.43 percent during the first three months of 2020. That may not sound like much, but just a 0.25 percent change on a $300,000 home financed at 4 percent for 30 years (with a 20 percent down payment) can mean savings of $44 a month or $528 a year.

What does that mean for you? Buying now with a 30-year fixed-rate mortgage loan will keep your monthly payments low. You could choose to get more home for your money or you could roll the structural options and upgrades you want into your mortgage.

That’s good news for buyers looking to make the move to Cross Creek Ranch. Our 12 award-winning builders offer a range of home designs to fit every need and budget. Some are even offering incentives that can save you even more. Incentives such as paying most or all of your closing costs or design center credit.

A low interest rate will not only help you get into your dream home, it can get you into your dream community — Cross Creek Ranch.

From world-class amenities to Katy ISD schools, Cross Creek Ranch is everything a family could wish for in a master-planned community.

Don’t delay, talk to your mortgage lender and then take a virtual tour of our community and our builder model homes today to get started on your new life in Cross Creek Ranch.