(Here’s what my lender, Jimmy Kinley, says about the spike in home loan interest rates- Dennis) Denver mortgage interest rates rose 5/8% in just the previous 14 days. At that rate, interest rates for 30 year fixed, conventional mortgages could reach 4% soon. But, that’s not my prediction. Instead, here’s my thinking.
(Here’s my favorite lender’s forecast for the 2019 Denver Mortgage rates. – Dennis Martin, Coldwell Banker Residential Realty) By Jimmy Kinley What in the world could 2019 have in store for Denver home loans??? If you listen to the media or read the news feeds online, you might think that buying a home is a […]
Rising Denver Mortgage Rates Affect Affordability When it comes to the cost to buy a Denver home, there are many factors that contribute to a monthly home mortgage payment. Some experts suggest that we are going to see Denver home prices in the Denver Metro Area real estate market level off or go down over […]
It’s official! The Denver real estate market has recovered from the worst housing recession since the 1980’s. Home sales have exploded while the supply of homes for sale has decreased. The only problem is that this is both good and bad news.
By Jimmy Kinley, Senior Loan Officer (Ed: Denver mortgage rates are actually lower now in the 4% range for 30 year fixed home loans. But, the concept of saving hundreds of thousands of dollars is just as valid.) I have been giving my clients more options when it comes to fixed mortgages these days with […]