Today, the big news in real estate is interest rates! Have you heard that interest rates are at an all-time low? I have seen a lender offer a 15-year conventional/FHA rate at 4.000! Of course interest rates, as many other things, are based on credit scores. What does this mean to you? You can buy a lot more house, or refinance your current loan!

Bottom line, if you are a first time homebuyer…now is the time to buy! If you are looking to move up to a larger home…now is the time to buy! If you are looking to downsize…now is the time to buy! Or if you are currently paying a higher interest rate on your home…now is the time to refinance!

 

Velma Medina
806-535-7653
vmedina@coldwellbanker.com

Oscar Armendariz
806-778-8400
oscara@coldwellbanker.com

 

College Housing
Are you tired of throwing away money on rent? Is your college apartment not meeting your standards? You can buy a house as a college student!  Click here to explore the many benefits of home ownership as a student.  You can have a fabulous and affordable home during your college career!

 

If you are selling your home, make your home Homebuyer Ready!  By making your property Homebuyer Ready, buyers will be eager to make an offer.  Your property will be marketed more often and in many ways.  Buyers will flock to your property!

For more information on Coldwell Banker's Homebuyer Ready program, visit www.velmamedina.com.



Market Monitor!
I now offer my research as a market monitor to you!  All my expertise on the many markets in the city of Lubbock and surrounding communities can help you!  If you are a homeowner, a buyer, an investor, or a college student - we can help you by monitoring markets that interest you.  Click here for more information.

 

We look forward to serving you!
Velma Medina

Coldwell Banker Rick Canup Realtors, Inc.
(806) 793-0677
vmedina@coldwellbanker.com

 
Connect With Me:





Today's Rates:

Mtg Loan    Rate  APR
30-yr Fixed4.36%4.5%
15-yr Fixed3.86%4.06%
1-yr Adj3.52%4.37%
* national averages
Local News:
 
Electric Board Chair reacts to renewed street light mandate
9/2/2010 11:13 PM
 While the tax rate generated some controversy, the real fuss came over city council's decision to make Lubbock Power & Light pay...Read More
 
Monthly water sewer & garbage fees all going up in Lubbock
9/2/2010 11:03 PM
It's not just tax rates that are going up for next year in Lubbock.  City Council also approved rate increases for city services including a higher monthly water meter charge...Read More
 
Lorenzo ISD finds mold in elementary school basement room
9/2/2010 11:28 AM
The Lorenzo ISD takes precautions after finding mold in the elementary school basement. Superintendent Dick Van Hoose tells KCBD NewsChannel 11 that workers found the first signs of mold while painting a basement room...Read More
 
Police kill gunman who held 3 at Discovery Channel
9/3/2010 3:49 AM
A man who railed against the Discovery Channel's environmental programming for years burst into the company's headquarters with at least one explosive device strapped to his body Wednesday and took three people.....Read More
 
Temporary cap that stopped oil gusher removed
9/3/2010 1:09 AM
Engineers removed a temporary cap Thursday that stopped oil from gushing into the Gulf of Mexico from BP's blown-out well in mid-July. No more oil was expected to leak into the sea, but crews were standing by with.....Read More
 
Earl weakens but still powerful as it smacks NC
9/2/2010 11:29 PM
The last ferry left for the mainland and coastal residents hunkered down at home as Hurricane Earl closed in with 105 mph winds Thursday on North Carolina's dangerously exposed Outer Banks, the first and perhaps most.....Read More
 
Oil rig platform catches fire in Gulf of Mexico
9/2/2010 7:03 PM
The Coast Guard is on the scene of another oil rig fire in the Gulf of Mexico, about 90 miles south of Vermilion Bay.  All of the workers on the rig have been rescued...Read More
 
Police: Discovery gunman shot; 3 hostages safe
9/1/2010 4:33 PM
Police shot a man who was holding three people hostage at the Discovery Channel network's headquarters Wednesday and all three were able to escape safely, officials said...Read More
 
UT hits 'Gone With the Wind' dress donation target
9/1/2010 1:34 PM
Legions of "Gone With the Wind" fans have together donated tens of thousands of dollars to prove they, frankly, do give a you-know-what...Read More
 
President Obama's address on the end of the combat mission in Iraq
8/31/2010 9:45 PM
Transcript released by The White House of the August 31st remarks by President Barack Obama regarding the end of combat operations in Iraq...Read More



Velma Medina REALTOR (806) 535-7653 cell  |  (806) 793-0677 office  |  (806) 793-0035 fax
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