A healthy real estate market exists when Buyers have a reasonable number of listings to choose from and Sellers are getting their homes sold in a reasonable amount of time for a stable dollar amount. Currently, we have a market skewed heavily to the advantage of the Seller. This sounds great for sellers, until you consider […]
Megan Aller, statistician with First American Title Company, says the Denver Real Estate Market is already starting to slow down just a little bit. But, the cooling is hardly noticeable. She’s warning Sellers get their properties on the market soon to avoid a possible slowdown later this year. Because, many economists believe interest rates will […]
Has the Denver real estate market topped out? Is this a Denver housing bubble waiting for a pop? Buyers and Sellers want to know if this market is about to turn on them. Matthew Gardner, Economist with Windemere Economics presented his case today to the Colorado Association of Realtors Spring Leadership Summit. He expects slowly […]
Sometimes, Buyers and Sellers get confused about how the Federal Reserve Board does and does not effect Denver mortgage interest rates. So, we went to our best mortgage lender expert to explain the connection. Surprisingly, a different index provides a better way to track the direction of mortgage rates.
The Denver real estate market has not changed that much lately. We are still seeing home prices shoot up and competing offers on almost every single listing priced below $500,000. What is starting to change is the trend for mortgage interest rates is down, borrowers are better educated by their Realtors, and some credit guidelines […]
By Jimmy Kinley, Senior Mortgage Advisor Denver mortgage interest rates are unbelievable again! From October 2010 to February 2011 of this year the economy was showing signs of recovery and inflation risks were on the rise. Due to this, we saw a dramatic increase in rates in a four and a half month period. But […]
Are Denver mortgage rates going to go back down? Or, are they going to continue to rise? Bonds and Denver mortgage interest rates took a hit again last week and that pattern has continued this week. That means many potential Buyers may be left asking: Will home loan rates go back down? My favorite mortgage […]