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ARCHIVED BLOG POSTS

2010 

There are many motives that you might make you want to own a home. Buying a home, is really a personal decision- that you make based upon the life style that you lead. Listed below are just a few of the great reasons that you might want to look at first before making a decision.One Great Motive i...
07/26/2010
Denver Mortgage News The New York Times ran an important story this week concerning pregnancy and mortgage approvals. Titled "Need a Mortgage? Don't Get Pregnant", the article discussed the difficulties that expecting and recently-expanded families are having with their mortgage financing. NBC's ...
07/22/2010
Single-family Housing Starts eased lower last month, falling by 0.7 percent from May, or 3,000 units nationwide. A "housing start" is a Denver home on which construction has started. June's Housing Starts data is somewhat soft and may partially explain why home builder confidence dropped to its ...
07/22/2010
Builder confidence in the Colorado housing market slipped this month, according to the National Association of Homebuilders' monthly Housing Market Index. The Housing Market Index is actually a weighted composite of 3 separate surveys. One measures current single-family sales; one measures projec...
07/22/2010
Denver Mortgage markets improved for the 5th straight week last week as consumer confidence waned and inflation data tamed. Investors ignored the news that 19 of 23 reporting S&P 500 companies beat their respective earnings estimates and sold off on stocks. There's concern about a potential econo...
07/19/2010
According to Freddie Mac, Denver mortgage rates made new all-time lows this week and the good news is that rates look poised to fall even more. Since the Federal Reserve's release of its June 2010 meeting minutes Wednesday, mortgage rates are dipping even more and one of the main reasons why is b...
07/19/2010
313,841 foreclosure filings were made in June, according to foreclosure-tracking firm RealtyTrac. The figure represents a 3 percent drop from May and 7 percent drop from June of last year. However, foreclosure filings remain relatively high nationwide. June marks the 16th straight month the fili...
07/15/2010
Conforming Denver mortgage rates may be posting all-time lows this week, but that doesn't mean you'll be eligible for them. You may have already called your loan officer and found this out the hard way. It's because of a federally-mandated mortgage-pricing scheme known as "loan-level pricing adju...
07/14/2010
If your adjustable rate Denver mortgage is due to adjust this year, don't go rushing to replace it just yet. Your soon-to-adjust mortgage rate may actually go lower. It's related to the math behind the ARM. Conventional, adjustable-rate mortgages share a common life cycle: There's a "starter per...
07/14/2010
Denver Mortgage markets improved again last week -- if only barely -- throughout a holiday-shortened week devoid of "major" data and market conviction. Up-and-down trading characterized the week which ended with Colorado mortgage rates slightly lower versus the week prior. Mortgage rates have fal...
07/12/2010
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