After the Federal Reserve statement on Wednesday you may be wondering where will mortgage rates go from here? If you are not sure what I am talking about, check out the article on NPR about the Federal Reserve statement. So what does this mean for mortgage rates? Where they go from here, may take looking […]
With Cost Of Housing In Denver, How Do Conventional Loan Limits Play Into Consideration When Buying A Home?
If you just moved here, it may be a shock depending on where you’re from and how you have been getting your news on the Denver housing market. But the cost of housing in Denver has been moving up consistently for some time. If you are buying in cash this does not apply to you but […]
When you are thinking about purchasing a home typically the first question you ask yourself is “how much home can I afford?”. This is a great question to get you started but quite honestly, I think there is a more important question you need to be asking yourself. “What are your expectations in the vision of […]
Late yesterday afternoon the Consumer Financial Protection Bureau (CFPB) released a press release regarding Prospect Mortgage to pay $3.5 Million fine for illegal kickback Scheme. The Real Estate Brokers and Mortgage Servicer that took kickbacks from Prospect are also ordered to pay $495,000. What is a kickback? It is a form of negotiated bribery in which […]
The wait is over Denver and Colorado. We have been asked numerous times in the last 30 days. It looks like conventional loan limits 2017 will be up nationwide which will show additional signs of a strengthening housing market. The national conforming loan limits for 2017 will be $424,100 (up slightly from $417,000). Drum roll […]