Reno, Nev. – August 2018 – The timeframe in which you want to pay off your home is important when purchasing your dream home, which is why it is better to take advantage of low interest rates before they increase. Mortgage rates are currently at a historic low, making it one of the best times to find that home you’ve been dreaming of and stop throwing your money away on rent. Best of all, Lennar Reno makes it easy to find a home that is perfect for you and your family with a wide selection of communities and floorplans across Northern Nevada.
“Right now, homeshoppers have an increase in buying power with lower interest rates, meaning their monthly payments will be lower and the price point of the home they can afford is higher,” said Dustin Barker, Division President for Lennar Reno. “Make the transition to homeownership and upgrade your lifestyle at any one of our new communities in great locations with homes showcasing a high level of Everything’s Included® features, open-concept layouts for the modern buyer and conveniently situated near some of Northern Nevada’s best recreation and amenities.”
Most homeshoppers choose a 30-year mortgage for their new home because of smaller monthly payments, but because you’re paying interest over a longer period of time as opposed to a 15-year mortgage, the rate of your interest is especially important. The lower the interest rate, the less your monthly payments will be.
Market fundamentals show that now is a good time to buy with prices down and interest rates low. Plus, there are many added benefits that come with owning a home as opposed to renting such as building long-term household wealth, tax deductions and building equity in your property when the value of the home increases.
Surrounded by the gorgeous Sierra Nevada Mountains, Northern Nevada features a wonderful location for those looking for great recreation and beautiful scenery. Lennar offers a wide variety of floorplan styles and price ranges to choose from making it easier than ever to find the right Lennar home for you and your family.
Each new home also boasts Lennar’s signature Everything’s Included® program which makes the homebuying experience simpler by including popular features as standard.
Conveniently located in Reno, Sparks, Carson City and Dayton, buyers have a wide selection of lifestyles when choosing their home. Northern Nevada is a great place to live, work and raise a family. Schools, businesses, healthcare, shopping and dining are all nearby.
For more information, contact a New Home Consultant by calling 877-828-1331 or view floorplans and explore communities at www.lennar.com/Reno.
About Lennar
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.
