Northwest Houston, Cypress and Tomball real estate and homes for sale in Texas, lots, residential homes, country estates - Mark and Tamara Bonning, REALTORS® Mark and Tamara Bonning REALTORS(r) for Northwest Houston, Cypress and Tomball, Texas real estate, lots, residential homes, country estates - NUMBER1EXPERTS™ Mark and Tamara Bonning NUMBER1EXPERTS(tm) for Northwest Houston, Cypress and Tomball, Texas real estate, lots, residential homes, country estates

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Mark and Tamara Bonning, REALTORŪ, real estate agents and broker for Northwest Houston, Cypress and Tomball 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 
During what months of the year do most people move from one home to another?

A 
Most moves occur between the months of May and September.
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Mark and Tamara Bonning, REALTORŪ, real estate agents and broker for Northwest Houston, Cypress and Tomball Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Mark and Tamara Bonning
Bonning Real Estate

21106 Refuge Creek Drive
Cypress, TX. 77433
Home Office: 281-304-9727
Mark Cell: 713-825-9087
Tamara Cell: 713-851-9184
Fax: 281-304-9728
Email: Info@BonningRealEstate.com

Mark and Tamara Bonning have been with RE/MAX for twenty years as a husband and wife team. Together we have sold over 100 million dollars in real estate and have earned the highest award at RE/MAX, the coveted "Lifetime Achievement Award". We have extensive knowledge of a real estate transaction, as we have guided over a thousand homebuyers successfully through closing. Clients and friends find us honest and hardworking. So come walk with us through our "Doors to Success" for the best real estate information available in Houston.

Equal Housing MLS REALTOR


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