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 | Jan 4, 2016 | Blog, Buying A Home, Housing Analysis
According to statistics compiled by Zillow, the percentage of Denver homeowners underwater (owing more on their mortgage than their home is worth) fell to 5.5 percent in the latest quarter from 8.2 percent a year earlier. In September, it was reported that 6 percent...
by Jon Terry | Jun 3, 2014 | Blog, Buying A Home, Mortgage Guidelines
If you’re shopping for a home or planning to refinance your mortgage, you may be thinking: “Isn’t getting a home loan already a lot tougher than it used to be?” You may have heard that new mortgage rules issued by the Consumer Financial...
by Jon Terry | Oct 8, 2013 | Blog, Buying A Home, Mortgages
The reasons to buy a home before 2014 include everything from rising mortgage interest rates and home prices, to falling affordability indexes, rising interest rates, and the fear of inflation. Reason #1: Interest Rates Will Rise One problem with historically low...
