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 […]