by Jon Terry | Aug 24, 2012 | Blog, Housing Analysis
Rising home prices are taking a toll on today’s home buyers. For the first time in 4 quarters — and despite falling mortgage rates — home affordability is sinking. Earlier this week, the National Association of Home Builders reported the Home...
by Jon Terry | Aug 3, 2012 | Blog, Personal Finance
With mortgage rates down to all-time lows, you can buy a lot more home for your money. Home affordability is at an all-time high. According to last week’s Freddie Mac mortgage rate survey, the average 30-year fixed rate mortgage has dropped to 3.62%...
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 | 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...
