by Jon Terry | Dec 16, 2016 | Blog, Business Savvy, Colorado Living, Housing Analysis, Mortgage Rates, Statistics
The New Year is often the best time to start new ventures. If one of your resolutions this year is to sell your home or property, here are some market shifts you will want to be aware of before contacting a listing agent. Analysts see a recession occurring in 2017...
by Jon Terry | Jul 5, 2016 | Blog, Buying A Home, Mortgage Guidelines, Mortgage Rates, Mortgages, Personal Finance
The other day, a client came into my office and asked me about a using a reverse mortgage to purchase a property. They said they had heard some negative things from relatives but had recently seen articles that painted a very different picture. They asked for my...
by Jon Terry | Jul 25, 2012 | Blog, Mortgage Rates
Another week, another new low for mortgage rates. According to Freddie Mac’s weekly Primary Mortgage Market Survey, the 30-year fixed rate mortgage rate fell 3 basis points to 3.53% last week nationwide. The 3.53% mortgage rate is available to mortgage...
by Jon Terry | Jun 25, 2012 | Blog, Business Savvy, Mortgage Rates, Mortgages
It’s a money-saving time to be a Denver area home buyer. Historically, mortgage rates of all types — conventional, FHA, VA and USDA — have never been lower and low mortgage rates make for low monthly payments. According to Freddie Mac’s weekly...
by Jon Terry | May 3, 2012 | Blog, Buying A Home, Mortgage Guidelines, Mortgage Rates, Mortgages
Despite an improving U.S. economy, the nation’s banks remain cautious about what they will lend, and to whom. Last quarter, by a margin of 3-to-2, more banks tightened residential mortgage lending standards for “prime borrowers” than did loosen...
by Jon Terry | Mar 30, 2012 | Blog, Buying A Home, Housing Analysis, Mortgage Rates, Mortgages, Residential Real Estate, Statistics
After a brief run-up two weeks ago, mortgage rates are back below 4 percent. It’s good news for home buyers and mortgage rate shoppers because, with lower mortgage rates, we can lower the amount of mortgage payments. According to Freddie Mac’s weekly...
