Colorado Mortgage rates are dropping this morning on weaker-than-expected Retail Sales data from December. Lower rates means more bang for your home-buying buck. Excluding motor vehicles and parts, December's "ex-auto" sales receipts were down roughly $500 million from November. Analysts had expected receipts to grow. The relevance of Retail Sales to home affordability isn't obvious, but it's definitely logical. Retail Sales is directly related to consumer spending and consumer spending accounts for the majority of the U.S. economy. When … (0 comments)
denver: Jobs Report Wasn't All Bad -- Colorado Mortgage Rates Fell
- 01/12/10 02:04 AM
<!-- This material is non-exclusively licensed to Ben Yost and may not be copied, reproduced, or sold in any form whatsoever.--> Despite the headlines, it's important to remember that December's jobs report wasn't all bad news. Sure, the economy shed 85,000 jobs last month and the Unemployment Rate failed to dip below 10%, but for home buyers and rate shoppers in Denver , the news was just fine. The soft employment data led mortgage rates lower, making homes in Piney Creek, for example, more affordable for buyers. There is two sides to every economic coin. Since early-2008, the U.S workforce has … (0 comments)
In up-and-down trading, Colorado mortgage pricing improved overall but the best rates of the week didn't last long.
Denver Mortgage Rates improved Monday and Tuesday as an oversold market corrected itself to better price points. Then, in anticipation of the December jobs report, rates worsened Wednesday and Thursday. Friday, after the jobs report was released, pricing proceeded to carve out a huge range before settling unchanged.
On average, lenders issued new rate sheets every few hours last week. It … (0 comments)
denver: Home Inventories Plummet, Foreshadowing Higher Prices By Spring 2010
- 01/09/10 08:22 AM
Home resales are soaring. For the 4th consecutive month, the Existing Colorado Home Sales report revealed what today's buyers and sellers already know -- there's a lot of buyer activity right now. Existing Home Sales surged 7-plus percent in November, posting its largest number of recorded sales in 33 months. Sales volume is up 44% higher versus last year. It's another example of the Colorado housing market in recovery. There were other interesting statistics buried in the November data, too. According to the National Association of Realtors: 51 percent of Colorado home buyers were first-timers Distressed properties accounted for one-third of … (0 comments)
denver: Shopping Tips when looking for a Mortgage Loan
- 12/16/09 02:08 AM
Save Lot's of Time and $Money with These Valuable Shopping Tips! Shopping for a Mortgage Loan in Colorado can be Confusing at Best! Everyone is talking about the same type of Home Loan, but they are still saying something different! Please watch the this Video- I believe it will really help you get the very best Mortgage loan! This is Great whether your are a First Time Buyer or someone Looking to Refinance their present home! These Tips apply to FHA: VA; Conventional and No-Conforming Mortgage Loans! Please call me at 303-587-4297 with any questions that you might have! … (0 comments)
Denver Mortgage. Get the Lowest Denver Mortgage Rates Today in CO! Call me if you need a Denver Refinance or Purchase loan- FHA ; VA; Conventional or Non-Conforming Loans. Denver Mortgage for First Time buyers; Zero Down; VA Loans; FHA 203KS and USDA 100% Loans!. We offer local residents the tools and information necessary to secure the lowest rates for a Denver CO mortgage.
<!-- This material is non-exclusively licensed to Ben Yost and may not be copied, reproduced, or sold in any form whatsoever.-->
;)
;)
