Housing experts predict that interested home buyers will need the services of a mortgage broker in Denver and in other areas in the country in the following year. Forecasting real estate trends for 2014, these industry professionals say that residential property seekers will build new nests in more economical hubs in the US' Northwest, Southeast, South Atlantic, South Central, and Rock Mountain regions, including Denver.
In an article by Erin Carlyle of Forbes, experts weighed in their two-cents by saying:
Rising prices, a reversal of underwater...
Thursday, January 16, 2014
Tuesday, January 14, 2014
FHFA Index Shows Decrease in Interest Rates for Home Loans in Denver
The Federal Housing Finance Agency's index showed a decrease in average contract interest rates for home loans in Denver and other areas all over the country for November. Compared to the national data for October, the November rate marked a 0.10% decrease on the composite of all mortgage loans.
As posted in an official news release by the agency on their website:
According to the Federal Housing Finance Agency (FHFA), the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders index was 4.21...
Sunday, January 5, 2014
Why Denver is a Good Place to Settle Down
If you're looking to move
to another city and purchase a house to settle down, Denver may be a
good choice. In 2013, Denver was named as one of the most livable
cities in the United States and grabbed the ninth spot by virtue of
the city’s best offerings in terms of salary, lifestyle, and of
course, housing. There's also more to look forward to in Denver than
the good quality of life, such as the city’s celebrated sports
teams, the Red Rocks, and the Rocky Mountain National Park, among
many.
The weather is another
factor that might entice...
Friday, December 20, 2013
Home Loan Homework: Before You Apply
With the fate of a future
dwelling on the line, making sure that you come out the winner when
you apply for a home loan is crucial. In order to ensure your success
at securing a
home loan, use the following tips to improve your chances before
you even apply:
Obtain a current copy
of your credit report.
When applying for a home loan, any decisions regarding your terms
will be based on the available data. Obtaining a current copy of
your credit report gives you a chance to correct information that
might leave a negative impression with the...
Tuesday, December 17, 2013
Get the Home You Want with a Mortgage Broker
Many
want to have their own home, but only a few can afford to make that
huge investment. When you are looking for a reasonable
loan
to get the house you’ve always wanted to buy, a credible mortgage
broker will surely come in handy. You will be offered with practical
options, particularly when you are self-employed or have a poor
credit score.
A
mortgage or home loan is a serious financial commitment that might
get you in trouble when done inappropriately. You will need a
professional who understands the ins and outs of getting mortgage so
you...
Finding The Right Mortgage Lender
Purchasing
a home with cash is almost impossible for many people. However, with
home loans offered by mortgage lenders, buying a home becomes
financially easier. All it takes is finding a reliable mortgage
lender to get the chance to secure your dream home, with an
affordable upfront payment and reasonable monthly dues. The question
is how do you find such a lender?
Mortgage
lenders are key-players in the housing industry, and are surely easy
to find in a huge city like Denver. To identify a reliable one,
experts recommend sitting down with...
Wednesday, December 11, 2013
Borrowers Told to Get Denver Home Refinance as Mortgage Rules Tighten
"Market experts, however, advise homeowners to check if they qualify for Denver home refinance now, even if they didn’t a year ago. After interest rates spiked and reached a two-year high in July, the current rates on fixed mortgages have declined, making it an ideal time to explore the best options. Professional mortgage brokers like The Home Loan Arranger have decades of experience in taking homeowners’ individual situations and looking for a home refinance deal that is guaranteed...