Mortgage News

Advice for Buying New From a Builder

Some people may prefer to buy a home that is completely new. If this is the case for you, you should consider buying something recently constructed from a builder. When doing so, there are numerous things to keep in mind, so read on for our tips when buying from a builder! There are a few…

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Housing Bubble? Don’t Be So Sure.

The Colorado market has seen significant price increases over the last few years. This has lead many of us to believe that we are headed for another housing collapse. While over inflated prices can be an indication to a looming market correction, it is not the case for the Colorado market currently. Black Knight Financial…

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Making Paying Off Your Mortgage Early a Feasible Option

For some, attempting to pay off your mortgage early may seem like a pipe dream. Though like with most things, every effort to make it happen gets you closer to reaching your goal. On our Mortgage News blog today: tips to pay off your mortgage early while reducing costs! Before considering any of the tips…

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Experts Suspect Buyers to Dominate the Housing Market In 2019

The news is good for potential Denver Metro residents. Recent Real Estate data and housing market trends predict that there will be a flood of lower housing prices in the market come 2019. Chief Economist of Zillow, Svenja Gudell, highlights the cause of these lower prices: “As the number of homes for sale increases and…

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Mortgage Rates Increase on Inflation Concerns

Mortgage interest rates increased this past week on inflation concerns associated with higher commodity prices and a potential trade war with China.  Economic data was mixed.  Economic data stronger than expected included the May Empire State Manufacturing Index, the May NAHB Housing Market Index, April Industrial Production, and the May Philadelphia Fed Business Index.  The…

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Mortgage Rates Increase Slightly Despite Mostly Weaker Economic Data

Mortgage interest rates increased slightly despite mostly weaker than expected economic data.  Economic data weaker than expected included March Consumer Credit, the April NFIB Small Business Optimism Index, the April Producer Price Index (PPI), March Wholesale Inventories, the April Consumer Price Index (CPI), April Import Prices, and the University of Michigan Consumer Sentiment Index.  April…

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Mortgage Rates Improve Slightly on Negative Economic Data

Mortgage interest rates improved slightly as economic data was mostly weaker than expected.  Economic data weaker than expected included March Personal Income, the April Chicago Purchasing Managers Index, March NAR Pending Home Sales, the April ISM Manufacturing Index, March Construction Spending, Q1 Productivity and Unit Labor Costs, the April ISM Services Sector Index, April Non-Farm…

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Mortgage Rates Flat Despite Positive Economic Data

Mortgage interest rates flat despite stronger than expected economic data.  Economic data stronger than expected included March Existing Home Sales, the February FHFA House Price Index, the February Case-Shiller Home Price Index, March New Home Sales, April Consumer Confidence, Weekly Jobless Claims, March Durable Goods Orders, the March U.S. Trade Deficit, the first look at…

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Mortgage Rates Increase on Inflation Expectations

  Mortgage interest rates increased this past week on increased inflation expectations.  Commodity prices have moved higher as the economic outlook has improved.  Economic data was mixed.  Economic data stronger than expected included March Retail Sales, March Housing Starts and Building Permits, and the April Philadelphia Fed Business Index.  Economic data weaker than expected included…

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Buy a Home with as Little as 3% Down!

Features: One-unit principle residence (including condos and PUDs; manufactured housing is not eligible) Fixed-rate mortgages with a maximum term of 30 years Reserves (if required) may be gifted

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