Mortgage Rates

Aug. 26, 2014

Advantages to a Conventional Home Loan

by Michael Shotnik, Colorado Mortgage

When comparison shopping for home loan mortgage products, it’s not often clear which scenario best suits your financial needs.

In the below comparison, you’ll see a summary and explanation of why you can save a little money when going with a Conventional Loan versus an ...

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Jan. 8, 2014

Mortgage Rates To Increase Above 5 Percent in 2014

 

 2013 is the year of bargain mortgage rates. Will 2014 signal the end its end?

 

The National Association of Realtors and the Mortgage Bankers Association has projected mortgage rates to jump to 5.3% in the last quarter of 2014. Analysts from Fannie Mae and Freddie Mac are ...

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Posted in Mortgage Rates
Dec. 18, 2013

To Jumbo or Not to Jumbo


Michael ShotnikMichael Shotnik, Branch Manager
Colorado Mortgage – www.co-mortgage.com

 

 

 

 The Jumbo product has been the last program to benefit from an improved lending environment. As capital tightened, Jumbo products suffered and rates soared. Unfortunately, we’re still in an environment that results in inflated Jumbo rates.


On ...

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Posted in Mortgage Rates
Nov. 5, 2013

What Will Interests Rates Look Like in 2014?

Barry Kunselman | 303.887.0588 | Contact Barry 

It is difficult to predict what interests rates will be next year, however The National Association of Realtors, Fannie Mae, Freddie Mac and the Mortgage Bankers Association all predict rates will hit 5% next 4th quarter.

So what does this mean for ...

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Posted in Mortgage Rates