Plano, Frisco, Prosper and Allen real estate and homes for sale in Texas - Jennifer Daniel Milligan, REALTORS® Jennifer Daniel Milligan REALTORS(r) for Plano, Frisco, Prosper and Allen, Texas real estate - NUMBER1EXPERTS™ Jennifer Daniel Milligan NUMBER1EXPERTS(tm) for Plano, Frisco, Prosper and Allen, Texas real estate
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Jennifer Daniel Milligan, REALTORŪ, real estate agent and broker for Plano, Frisco, Prosper and Allen Texas home listings, property and land for sale - NUMBER1EXPERT(tm)
All agents are NOT alike! Please call us to find out how "The Daniel Team" can make moving easier for you and your family! 972-310-9911


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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 
What is the average price for a home in the United States?

A 
According to recent data published by the NAR, the national median price for existing single-family homes is now $230,000.
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Jennifer Daniel Milligan, REALTORŪ, real estate agent and broker for Plano, Frisco, Prosper and Allen Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Jennifer Daniel Milligan
Keller Williams Realty Plano

3600 Preston Road #100
Plano, TX 75093
Main Office: 972-599-7000
Jennifer's Voice Mail: 972-380-3260
Diane's Voice Mail: 972-978-8990
Pam's Voice Mail: 972-407-4735
Fax : 972-599-7001
Jennifer Daniel Milligan: jennifer@jenniferdaniel.com
Diane Daniel: dianedaniel@verizon.net
Pam Reed: aeaereed@swbell.net
Sharon Swan: sharon@jenniferdaniel.com

Jennifer Daniel Milligan and "The Daniel Team" are a team of Realtors with over 38 years of combined real estate experience in Collin County Real Estate! Licensed since 1993, Jennifer thrives on helping her clients achieve their real estate goals and she works hard to provide them with every advantage through her professional experience and education. She has earned the coveted Certified Residential Specialist (CRS), Graduate, Realtor Institute (GRI), Accredited Staging Professional (ASP) and Accredited Buyer Representative (ABR) designations and is also a founding member of the Collin County Premier Realtor Network. A proud "Native Texan", Jennifer grew up in Plano, attended Plano schools K-12, graduated from SMU in Dallas and now makes her home in Plano with husband, Kelly Milligan, and their 7 year old daughter, Mary Kathleen, "Mary Kate" and new baby Virginia Maureen,"Ginger" (2 years old) . They share their home with 3 adopted animals: Walter (a lab/collie mix) and Danny the cat. Although "The Daniel Team" is consistently listed as a "D" Magazine BEST Realtor in Dallas, we feel that our clients' happy testimonials are the most important "award".

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Keller Williams Realty Plano


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