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mortgage rates colorado: Mortgage Rates in Denver, CO: Market Update by RJ Baxter 2-28-2011 - 02/28/11 10:46 AM
Mortgage Rates in Denver, CO: Market Update by RJ Baxter 2-28-2011
After weeks of rising mortgage rates in Denver, CO and nationwide, rates improved significantly last week.
However, the good news on mortgage rates in Denver, CO was for bad reasons as the Libya conflict sent oil soaring and cast doubt that the economic recovery will continue with higher oil prices.
Although the US gets only a small fraction of it's oil from Africa and Libya, the fear resulting from violence in Libya and other Mideast countries sent oil higher and cast global doubt on the stability of economies. As a result money flowed into … (0 comments)
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mortgage rates colorado: Denver Mortgage Rates Report by RJ Baxter First Mortgage Corp - 03/15/10 07:09 AM
Denver Mortgage Rates Report by RJ Baxter First Mortgage Corp
Denver Mortgage Rates ended the week higher on positive signs that the economy is recovering. Remember that positive economic data almost always results in higher mortgage rates.
The week was volatile with many wild swings in the bond markets. A big report of note was released on Friday, with retail sales showing an increase of +.3% after last months reading of +.5%.
But wait- don't be so fast to judge this as a positive. Last month's reading was revised down to only +.1%, which put a negative spin on Friday's release.
… (0 comments)
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mortgage rates colorado: Mortgage Rates to Rise - RJ Baxter First Mortgage Corp Evergreen, Colorado - 01/07/10 11:23 PM
Mortgage Rates to Rise - RJ Baxter First Mortgage Corp Evergreen, Colorado
Experts have been talking about it for months, and the scenario seems to be coming into play- It is likely that mortgage rates will rise in 2010.
A number of factors are leading to this. For one, the Federal Reserve's mortgage backed security purchase program is set to expire in March. We have already seen a slight rise in rates over the past month as the Fed has scaled back their purchases recently.
Additionally, signs that the economy is improving and the release of positive economic data are negatives for … (4 comments)
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RJ Baxter 303-670-0137
Lakewood,
CO
More about me…
Gold Star Mortgage Financial
Address: 12211 W. Alameda Pkwy, Suite 210, Lakewood, CO, 80228
Office Phone: (303) 670-0137
Email Me
I am a Colorado Mortgage Broker focusing on the Colorado Mortgage Market, with guaranteed 15 day closings on home purchase transactions in the Colorado market.
A former teacher, my philosophy is to educate my clients so they understand the loan process and can make informed decisions on the best options available for their long and short term financial goals.
Gold Star Financial is a Ann Arbor, MI based mortgage bank, recently appearing on the Inc 500. Gold Star has a customer-focused philosophy, always putting our customers first in order to deliver a high level of satisfaction in the home loan process.
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