interest rates: Now is the Time to Buy - Comparison of Interest Rates in Years Past - 03/27/14 02:05 AM
 
Home buyers love to talk about the interest rates!    Here is a brief post on "days past" with the interest rates by the decade Realtor.com had published.    Back in the last '90's the Denver real estate market was HOT and homes did not stay on the market long, and the rates hovered around 8%.     The days of 3.25% are gone, and buyers should no longer be thinking rates will decrease again.    
 
1970s
Average 30-year fixed-rate mortgage: 8.86%
Approximate payment on a $200,000 mortgage: $1,589 1980s
Average 30-year fixed-rate mortgage: 12.70%
Approximate payment on a $200,000 mortgage: $2,166 1990s
Average 30-year … (37 comments)

interest rates: Interest Rates - 12/12/08 01:25 PM
 
Wow --- are you ready for mortgage interest rates UNDER 5%? If the government has anything to do with it, we shall see 4.25% mortgage interest rates in the very near future. This will help those cities across America be able to refinance and stay in their homes, or get caught up if there was any chance of going into foreclosure. This all looks positive, then our resale market will be sitting better, and we shall again see an upbeat real estate market.
The average time most homeowners spent in their homes was four years. Now a days, it is closer … (3 comments)

 
Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373)

Joan Cox

Denver Real Estate - Selling One Home at a Time

Denver, CO

More about me…

House to Home, Inc. - Denver Real Estate - 720-231-6373

Address: Denver, Aurora, Parker, Centennial, Greenwood Village, Englewood,, Lone Tree, Highlands Ranch, Castle Rock, 8101 E. Belleview #F, Denver, CO, 80237

Mobile: (720) 231-6373



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