San Antonio Home Buyers: Builders Are Offering 4.99% Interest Rates—Here’s Where to Look

If you're house hunting in San Antonio, you've probably been watching interest rates closely—and maybe even putting off your move because of them. But here's the good news: many home builders across San Antonio are now offering 4.99% interest rates, making this an excellent time to buy, even in today’s market.

 What’s Happening in San Antonio?

Builders are getting creative to keep up demand. With interest rates still higher than what many buyers are comfortable with, new home builders are stepping in to offer rate buydowns, often through their preferred lenders. One of the most common promotions we’re seeing right now is a 30-year fixed rate of 4.99%, especially on inventory homes.

 Neighborhoods Where These Deals Are Happening

These lower rates aren’t just in the outskirts—they’re available across the greater San Antonio area, including:

 Alamo Ranch / Northwest San Antonio

One of the fastest-growing areas in the city, with a mix of family-friendly neighborhoods and master-planned communities. Builders like DR Horton, Perry Homes, and KB Home are actively offering rate incentives here.

 Stone Oak / North Central San Antonio

Popular for professionals and families alike. While inventory is tighter, a few builders in nearby subdivisions are offering attractive rate packages to close quickly.

 South San Antonio / Mission del Lago / Ladera

Rapidly developing areas with a lot of builder activity. This is where you’ll find some of the most competitive prices per square foot—and often the best rate incentives.

 Far West San Antonio / Potranco / Highway 211 Corridor

New communities are booming here. Builders like Lennar, Meritage, and View Homes are pushing 4.99% rates to move inventory fast.

 Cibolo / Schertz / Converse (NE Suburbs)

Located near Randolph AFB, these areas are favorites among military families and first-time buyers. Builders are offering both VA loan-friendly options and special rate programs.

 Why Builders Offer 4.99% Rates

These aren't gimmicks. Builders are working with preferred lenders and using rate buydowns (often paying points upfront) to help make their homes more affordable. This strategy not only benefits buyers—it helps builders move homes faster.

 But These Offers Are Limited

Rate buydown programs like these are often:

• Only available on inventory or quick move-in homes

• Tied to using the builder’s lender

• Time-sensitive, with expiration dates or limited availability

So, if you see 4.99% advertised—don’t wait too long to act.

 Why Work With a Realtor?

Even when buying a new build, it’s smart to have a realtor on your side. I’ll help you:

• Compare builder incentives

• Understand the fine print

• Negotiate upgrades, closing costs, or additional perks

• Ensure the home (and builder) is the right fit for your goals