McMillin San Antonio Blog

Many of you may have noticed that 30-year mortgage rates have fallen to very low levels, with 15-year mortgage rates coming in even lower. These rates are the result of several factors, and the housing market's overall slow march toward recovery has helped to suppress any major upward rate swing. Unfortunately, it appears that may be changing this year, for a number of reasons.

We've all heard of the numerous benefits of buying a home—mortgage interest deductions, building equity and net worth, and owning an appreciable asset, to name a few. But while those are true for all home purchases, there are certain advantages unique to buying a brand-new home versus a pre-existing home that you should take into account when considering your options. Here are our top five, in no particular order:

Not too long ago, the news world was abuzz with the revelation that the $8,000 homebuyer's tax credit was extended into 2010. In fact, we also published some handy information about it, complete with a breakdown of how it affects potential homebuyers. But there are a couple important facts that many have overlooked:

Yep, you read that right—McMillin Homes will give you a 42-inch LCD television if you're under contract to build a home or purchase a spec home by January 31, 2010. If you hustle, that's just enough time for you to settle in and watch the big game!

Should TV availability be an issue, you'll receive a $700 gift card to a major electronics store (chosen by McMillin Homes). This offer is valid for every new purchase made after December 31, 2009, but you must use McMillin Mortgage Company to qualify.

We're asking all McMillin homeowners in the San Antonio area to show off their Christmas spirit on the new McMillin Facebook Page. There are no detailed directions here, just a simple request: Visit this page (which will lead you to our home on Facebook), become a fan, upload a picture of your home's Christmas decorations, and vote on your favorites.