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...