According to RealtyTrac’s latest market report, the number of foreclosure filings in November was down 8.71 percent from October, and down 20.1 percent from a year ago. There were 544 foreclosures in November and only 284 bank repossessions (1 out of every 2,652 houses in the state). Foreclosure starts in November were also down […]
Waiting Periods Waived
September 30, 2013 by Leave a Comment
The Great Recession that started in late 2007 forced many responsible Colorado homeowners into mortgage loan default and/or bankruptcy. Because of this, the Federal Housing Authority (FHA) realized that credit histories don’t always reflect a person’s true ability or willingness to pay on a mortgage, and on August 15, 2013, announced its shortening of the […]
Revisiting Housing Market Predictions For 2012
August 1, 2012 by Leave a Comment
Analysts made bold calls at the start of the year about the housing and mortgage markets. How good were their predictions?
Mortgage Rates Down 1 Percent In One Year
July 25, 2012 by Leave a Comment
30-year fixed rate mortgage rates have now dropped through 5 consecutive weeks, and in 11 of the last 12 weeks.
Mortgage Payments Fall To All-Time Lows
June 25, 2012 by Leave a Comment
Today’s mortgage rates are a bargain as compared to just 1 year ago.
Mortgage Payments Fall 12% Since February 2011
February 29, 2012 by Leave a Comment
As mortgage rates drop, so do housing payments. It’s a good time to consider refinancing your home, or making an offer on a new one. Mortgage payment affordability has never been so high in history.
Conforming Loan Limits Unchanged For 2012
December 14, 2011 by Leave a Comment
In 2012, for the 7th straight year, the national, single-family conforming mortgage loan limit will remain at $417,000.