Return of the 3 percent down payment: New programs are popping up to help more buyers break into home ownership with lower down payments. In early December, Freddie Mac and Fannie Mae announced conventional loan down-payment programs that will allow qualified first-time buyers to secure a fixed-rate mortgage with a 3 percent down payment. Prior […]
Mortgage rates rising: Interest rates the last few months have been dipping below 4 percent, lowering the borrowing costs of home buyers and refinancing home owners. However, don’t expect the low rates to stick around much longer. Mortgage rates are expected to rise next year. Freddie Mac projects mortgage rates will likely average 4.6 percent […]
Home prices stabilize: The double-digit price increases seen in 2013 have slowed, and more stable growth was the trend in 2014. As investors have retreated from the market, so have the rapid home prices in many markets. Home prices are expected to continue to edge up in 2015, predicting a 4.5 percent gain. After two […]
Millennial force: Younger professionals are having more luck in the job market, which is expected to help more of them jump into home ownership in the new year. Overall, employment is on the rise, but jobs for Millennials — particularly those aged 25 to 29 — has risen by 3 percent. That’s one percentage point […]
Mortgage rates defied forecasts in 2014 by not inching up to 5 percent as predicted during the year. Instead, the 30-year fixed-rate mortgage is still hovering under 4 percent lows. The 30-year fixed-rate mortgage, the most popular loan among home buyers, remained below 4 percent for every week except for two since Oct. 16. 30-year […]
Here’s to helping you find your dream home in 2015!
The package of tax extensions just approved by the U.S. House and Senate, and headed to the President’s desk for signature, includes important provisions that will help distressed homeowners and commercial property investors with transactions made during 2014. Realtors® strongly supported the bipartisan Mortgage Forgiveness Tax Relief Act, which was included in the package to […]
Sold two homes in one day: 8059 S Marshall Street today and 3120 Redhaven Way. Thanks to all who saw this beautiful orchestration to the end. So enjoyed working with Rhea and Mike to start wonderful memories in their new home.
Hilldale Pines First Christmas Light Contest Drive over to see the Holiday Splendor in Hilldale Pines Located in Conifer Colorado: two miles south of Meyer’s Ranch Open Space Park off of South Turkey Creek Sponsored by Nancy Woodson, Metro Brokers
What is your favorite Christmas song? and why?
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