The other day, a client came into my office and asked me about a using a reverse mortgage to purchase a property. They said they had heard some negative things from relatives but had recently seen articles that painted a very different picture. They asked for my opinion. I told them that it is critically […]
You are here: Home / Archives for Mortgage
Using a Reverse Mortgage to Purchase a Home
Filed Under: Blog, Buying A Home, Mortgage Guidelines, Mortgage Rates, Mortgages, Personal Finance Tagged With: Alaris Properties, Colorado, Denver, evergreen, Genesee, Golden, House Payments, Mortgage, real estate, Reverse Mortgage
Fewer Homeowners Underwater
According to statistics compiled by Zillow, the percentage of Denver homeowners underwater (owing more on their mortgage than their home is worth) fell to 5.5 percent in the latest quarter from 8.2 percent a year earlier. In September, it was reported that 6 percent of Denver homeowners were underwater in their mortgages. Only San Jose, […]
Filed Under: Blog, Buying A Home, Housing Analysis Tagged With: Alaris Properties, Colorado, Mortgage, real estate
Mortgage Availability Widening
If you’re shopping for a home or planning to refinance your mortgage, you may be thinking: “Isn’t getting a home loan already a lot tougher than it used to be?” You may have heard that new mortgage rules issued by the Consumer Financial Protection Bureau (CFPB) took effect at the beginning of the year. The […]
Filed Under: Blog, Buying A Home, Mortgage Guidelines Tagged With: Denver, Mortgage, real estate, realtor
Consider Buying a House Sooner Rather Than Later
The reasons to buy a home before 2014 include everything from rising mortgage interest rates and home prices, to falling affordability indexes, rising interest rates, and the fear of inflation. Reason #1: Interest Rates Will Rise One problem with historically low mortgage interest rates is that they have nowhere to go but up. We have […]
Filed Under: Blog, Buying A Home, Mortgages Tagged With: buying a home, homeowners, invest, Mortgage, rates