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In 2016, the NAHB data showed the median new home price in the Austin-Round Rock metro was $289,115. while potential homeowners need income of $106,868 to qualify for a mortgage. Other Texas cities.
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mortgage rates today Austin A note about mortgage points: One way to get the best mortgage rates is to pay “points,” or upfront interest paid to the bank that secures a lower long-term interest rate on your home loan. One point generally costs 1% of the total loan amount, so paying 1 point on a $200,000 mortgage would add $2,000 in upfront costs.