Blog With Interest Rates On the Rise, Interest in New Communities Is Rising Faster

With Interest Rates On the Rise, Interest in New Communities Is Rising Faster

Lennar Dallas and Fort Worth

If you’re interested in purchasing a new home in DFW’s red-hot housing market, you’ll definitely be interested in taking note of today’s low interest rates. They’ve been historically low, but now rates are rising. So are sales of Lennar’s new homes in new communities in the Metroplex.

In just one year, the rate for a 30-year fixed mortgage rose by nearly 20%—now 3.22% in early January from the all-time low of 2.65% last year, according to a recent report.

Yikes is right, but before you panic, take a look at two Lennar communities now open—and already selling fast—in Dallas-Fort Worth.  Those include Wildflower Ranch, with new homes for sale in Fort Worth, TX, and Linden Hills, with new homes for sale in Little Elm, TX.

Wildflower Ranch showcases two collections of new homes, with more than two dozen elegant designs—something for everyone—and every home offers an array of high-end features.

The Brookstone Collection’s floorplans include GE® stainless steel appliances and quartz countertops in the island kitchen and a shower and  freestanding tub in the lavish owner’s suite. The Lonestar Collection, with a choice of 11 floorplans, also provides high-end GE® appliances and quartz countertops in the island kitchen, among several desirable features.

Similarly, Lennar’s Linden Hills  offers two deluxe collections of new homes in one of north Texas’ most desirable small cities. The community, situated just 6 miles from Little Elm’s charming, leisurely downtown, provides four floorplans in the Cottage Collection and eight in the Classic Collection.  

Like those in Wildflower Ranch, these new homes include such accouterments as GE® stainless steel appliances and premium countertops in the island kitchen, among others. That’s because, as with all new Lennar homes, Everything’s Included®. Lennar’s innovative suite of upgrades makes homebuying that much easier, and adds more value, because most other homebuilders consider many “features” as “extras,” passing the costs on to you.

Speaking of added costs, don’t forget about those pesky mortgage interest rates. That’s why now couldn’t be a better time to take advantage of such low rates before they hit the roof.

What’s more, Lennar makes the entire homebuying process even simpler—and more affordable—with affiliate lender Lennar Mortgage providing a one-stop shop for homebuyers.

Interested in locking in a low rate and securing your dream home today—before rates rise again? Contact Lennar’s Dallas-Fort Worth Internet New Home Sales Coordinators at (866) 314-4477.

DISCLSOURE:

Statements made above are based on currently available information, current market conditions and should never be relied upon. Market rates are based on market trends and other factors that can cause predictive statements to differ materially.  This statement is no guarantee of the present or future market conditions and market values. Financing is available through seller’s affiliate Lennar Mortgage, but use of Lennar Mortgage is not required to purchase a home (See Affiliated Business Arrangement Disclosure). Lennar Mortgage, LLC, NMLS # 1058. Branch NMLS # 268069, 1707 Market Place Blvd, Suite 100, Irving, TX 75063. Features, amenities, floor plans, elevations, and designs vary and are subject to changes or substitution without notice. Items shown are artist’s renderings and may contain options that are not standard on all models or not included in the purchase price. Availability may vary. Please see your New Home Consultant and/or home purchase agreement for actual features designated as an Everything’s Included feature. All product and/or company names are trademarks TM or registered trademarks ® of their respective owners, and use of these marks does not imply any sponsorship, endorsement, support, or affiliation between the trademark owners and Lennar. This is not an offer in states where prior registration is required. Void where prohibited by law. Copyright © 2022 Lennar Corporation and Lennar Mortgage, LLC. All rights reserved. Lennar, the Lennar logo, Lennar Mortgage, the Lennar Mortgage logo, Everything’s Included and the Everything’s Included logo are U.S. registered service marks or service marks of Lennar Corporation and/or its subsidiaries. Date 02/22

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