Colorado mortgage rates drop to 4.65%

Real Estate Agent with The Bandy Team - EXP Realty

GOOD NEWS for Colorado! Mortgage rates are holding, but for how long???  According to Zillow Mortgage Marketplace, 30-year fixed home mortgage rates in Colorado took a slide to a new recent low of 4.65% as of Tuesday.  This is just down a tad from last week's average of 4.66%.  Nationally, the average rate was 4.66% on 30-year fixed loans.  Zillow says these rates are figured on borrower credit scores over 680 & a down payment of 20% or more.  Winter is the BEST time for Denver Home Buyers to buy. Denver Home Sellers that leave their homes on the market are MOTIVATED! Sure it can be a hassle to look at homes when there's so much else to do during the Holidays, but it could be worth it, especially with rates SO LOW!! 

Marianne Bandy

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Courtney Cooper
Ben Kinney Brokerages Leadership at our Keller Williams North Seattle Office - Seattle, WA

Hi Marianne - I am in shock at how low the rates have stayed and for how long!!!  Pretty amazing!

Nov 21, 2009 03:57 PM #1
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Marianne Bandy

CRS, GRI, Certified Negotiation Expert
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