Blog, Denver Real Estate Market, Mortgage & Finance
Mortgage rates are on the rise. And although this means higher monthly payments for buyers, it brings some positive benefits to the housing market as well. No one disputes the downside of rising mortgage interest rates. At the start of the year, rates were roughly 3%...
Blog, Denver Real Estate Market, Mortgage & Finance
If you ever needed proof that home ownership is an effective way to build wealth, last year should have removed all doubt. Homes appreciated at a record rate in 2021. Home prices in the Denver-metro area increased 16.68% from 2020 to 2021. The last record high...
Blog, Denver Real Estate Market, Mortgage & Finance
After years of historically low interest rates, rates are now on the rise. How high will they go? And what will these mean for the average homebuyer? The Motley Fool recently tackled this question. The website notes that economists differ in their predictions of how...
Blog, Denver Real Estate Market, Mortgage & Finance
For those just starting their adult lives, the idea buying a home can seem like summiting a fourteener: It’s a nice dream – but there’s a lot of rocky terrain to traverse first. Buying a home in your 20s is not easy but can reap big rewards. “The typical first-time...
Blog, Lender's Corner, Mortgage & Finance
As home prices increase across the country, upper limits for conventional loans are also on the rise. Recently Finance of America Mortgage (FAM) announced that it has temporarily increased conforming loan limits “to help borrowers overcome rising home prices,”...
