Mortgage Rates Hit 2 Month Low Thanks To the Stock Market
Although the Federal Reserve raised rates recently, the combination of the stock market tumbling and continued concerns with China have an inverse effect on Bonds. As a result, we typically see a drop in interest rates as demonstrated by the average 30 year mortgage rate dropping to 3.92% today, the lowest in 2 months (even with the increase by the Feds)...you may want to make a move on locking your loan for a purchase or refinance. Read more about it HERE
The Economic Outlook for 2016 & What That Means for Real Estate
Our economy seems to be at a crossroads. We can all sense that things are changing but with the unprecedented changes that we’ve seen in the last 10 years, it seems that many of us have become cautious of what the future holds. Let’s reflect on the last 10 years: it began with the economic boom/peak/whatever you want to call it of 2006-2007, which was followed by the Great Recession of 2008-2009. We saw few encouraging signs in 2009-2012 and some gains in 2013-2014 with a ste
What's Your Favorite Style?
Now a topic that is very near to me as I recently became certified in Denver's Historic Homes. You can read more about this credential HERE, but first: Understanding residential styles can become very complex, especially when a house has undergone renovations, additions, ect. that comingle the style. And often, industry experts are at odds when trying to narrow pin down a property to a specific style. Fortunately, Realtor magazine recently published a Guide to Residential Sty
