Record low rates means big savings
Increases in the bond market over the last few weeks have caused mortgage interest rates to drop to the lowest level in recorded history, creating the possibility for huge savings for new homebuyers who lock in rates now!
A great example of these savings can be found at Heirloom in the Warm Springs area of south Fremont, an enclave of 17 semicustom homes on a single secluded street, by renowned local builder Robson Homes. Homebuyers at newly opened Heirloom can already find the lowestpriced brand-new two-story homes in all of Fremont, but thanks to plummeting interest
rates, they can now realize thousands of dollars of additional savings each month off their mortgage payment. That’s correct — interest rates have dropped more than
28% in the last month, providing incredible values for buyers who move fast.
Take for example The Sunita plan on Lot 2 at Heirloom, just released and priced at $2,158,000. Add to this value the 2.5% special 10-year fixed
financing available through Robson Homes’ approved lender for qualified buyers with excellent credit and a 25% down payment, and the value becomes extraordinary. At the beginning of the year, buyers would have paid 3.75% or more for this type of loan, and the difference in monthly payments is stunning: At the 3.75% rate, the monthly payment would be $7,495 a month. Using the special Robson financing program at 2.5% fixed for 10 years, the monthly payment drops to $6,395 a month — a savings of $1,100 a month. Over the 10-year life of the loan, this amounts to
a staggering savings of $132,000.
However, this kind of savings is only important if the home is a great home, and great value, to begin with, and that’s exactly what you have with Heirloom. The 2,601-squarefoot Sunita plan, like all the homes at Heirloom, features four bedrooms and three-and-a-half bathrooms in a traditional two-story design.
Downstairs is a beautiful formal living room, plus a kitchen/nook/family room in a great room configuration, as well as a downstairs bedroom with its own private en suite bathroom. Upstairs
is a master bedroom and luxurious master bathroom, plus a huge walk-in closet, two additional secondary bedrooms, another full bathroom, a tech loft, and a large laundry room. The welldesigned home truly has everything today’s buyer is looking for.
And not just inside, but outside as well, as this home offers a recessed, but attached, two-car garage with extra-long driveway, and private backyard.
Already the lowest-priced new single-family home in Fremont, record low financing makes this home a truly incredible value, and a place to grow lasting memories for your family. Imagine living
in a quiet residential neighborhood, but just minutes to freeways, shopping, the airport, and employment centers like Google and Apple.
Come tour the beautiful Heirloom model home and ask the sales representative Roya about this and numerous other financing programs. Whether you want an incredible rate, or a low-money-down program, the builders’ approved lenders have a special finance package to meet your needs — but hurry, as low interest rates and these 17 beautiful homes won’t last forever.
Content provided by Robson Homes