The homebuying process can be very confusing, so we are breaking it down for you step-by-step! Learn the ABCs and 123s of home appraisals by reading our latest blog. Also, check out the form Appraisers use during the homebuying process => Universal-Residential-Appraisal-Form-1004 Appraisals For Beginners
With the decrease in mortgage rates from 5.0% to 4.5%, Denver buyers have increased their buying power by approximately $30,000.
Declines could propel more activity in the U.S. housing market By Allison Prang Updated Jan. 10, 2019 4:47 p.m. ET Mortgage rates fell again in the latest week, hitting their lowest point in the past nine months for both 15- and 30-year products, a move that could propel more activity in the U.S. housing market. The… [Read More]
By Kelcey McClung – Reporter, Denver Business Journal While high prices and low inventory in Denver’s housing market dominated headlines well into 2018, 2019 is likely to see a softened market. That’s according to Jill Schafer, chairwoman of Denver Metro Association of Realtors’ (DMAR) Market Trends Committee. “Mid-year 2018, we saw a huge increase in inventory that we… [Read More]
Over the past 45 years, interest rates on the 30-year fixed-rate mortgage have ranged from as high as 18.63% in 1981 to as low as 3.31% in 2012. Mortgage rates today remain at historic lows, with over 60% of mortgage holders paying rates between 3.95% and 4.94% as of 2018. We used interest rate data… [Read More]