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...
by Jon Terry | Oct 12, 2011 | Blog, Buying A Home, Buying in a Recession, Mortgages, Residential Real Estate
This Month I will highlight the second of the five most important loan programs about which consumers need to know. The Colorado Housing and Finance Authority or CHFA was created in 1973 by the Colorado Legislature to address the shortage of affordable housing in the...
by Jon Terry | Jan 4, 2011 | Blog, Buying A Home, Mortgages
Most mortgage products are fairly plain, simple, and straight forward. However, there are a few programs that may help you get a loan approved, make your purchase more affordable monthly, and/or lessen your need for a large down-payment – if you meet the...
by Jon Terry | Nov 4, 2010 | Blog, Mortgages, Selling a Home
Long term mortgage interest rates are at levels that have not been seen in more than 50 years. Here are two questions that I am currently being asked frequently: 1. Is refinancing into a 15-year loan a better choice than refinancing into a 30- year loan? 2. ...
