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 | 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 | Jul 13, 2011 | Blog, Mortgages
Since the “Mortgage Meltdown” in late 2007, the rules around shopping for a new mortgage loan have changed significantly. Understanding the reasoning behind these changes and asking your loan officer essential questions can save you hours of time and...
by Jon Terry | Apr 13, 2011 | Blog, Buying A Home, Mortgages
Today’s residential real estate market is unique in many ways. Never before have we enjoyed historically low mortgage rates, home prices on “sale” with prices retracted by 15-20 years in many markets and inventory (selection) remaining high. We have...
by Jon Terry | Mar 9, 2011 | Blog, Mortgages
Australia, Canada, and Europe have enjoyed 0% mortgage loans for 20 years. This type of home loan, called Off Set Mortgage or All-In-One Loan, has finally made its way into the United States. Essentially, it works by allowing the money in your savings or checking...
