Colorado Mortgage markets improved last week in low-volume trading. Between Monday to Thursday, Wall Street focused on the upcoming jobs reports and mortgage markets gained while traders jockeyed for position. Colorado Mortgage rates drifted lower through Thursday afternoon. But, then, after a be
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03/11/2010
Fewer Colorado homes went under contract in January as the housing market continues to limp through the winter months. According to the National Association of Realtors
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03/11/2010
Conforming and FHA Colorado mortgage rates have improved over the last 10 days, but that could all change this Friday with the release of February's Non-Farm Payrolls report. Non-Farm Payrolls is the official name of the government's monthly jobs report and, given the fragile state of the U.S. ec
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03/11/2010
Colorado Mortgage Loans v.s. Renting According to the the National Association of Realtors®, "distressed homes" represented nearly 2 of every fifth home sold in January 2010. Clearly, real estate investors in Aurora, Colorado and around the country are taking advantage of good deals on cheap pro
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03/03/2010
The winter months have not been kind to Colorado home sales. After plunging 17 percent in December, Existing Home Sales fell by an additional 7 percent in January, according to the National Association of Realtors®. An "existing home" is a home resold by a previous owner (i.e. not new constructio
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03/03/2010
Colorado Mortgage markets improved last week as economic reports painted a less-than-stellar portrait of the U.S. economy and concerns of a looming monetary policy change eased. Mortgage pricing improved dramatically, despite a late-Friday retreat. Colorado Mortgage rates are now at their lowest
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03/03/2010
Earlier this week, the private-sector Case-Shiller Index showed home prices slightly lower between November and December. Thursday, the public-sector Colorado Home Price Index showed the same. Publishing on a 2-month lag, the Federal Home Finance Agency said home prices fell by 1.6 percent nati
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02/26/2010
The housing recovery showed particular weakness in the Colorado New Homes Sales category last month -- good news for homebuyers in Highlands Ranch and around the country. A "new home" is a home for which there's no previous owner. New Home Sales fell 11 percent from the month prior and posted th
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02/25/2010
Using data compiled in December, Standard & Poors released its Case-Shiller Index Tuesday. The report shows Colorado home prices down just 2.5% on an annual basis, a figure much lower than the 8.7% annual drop reported after Q3. According to Case-Shiller representatives, the housing market is "
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02/25/2010
You can't get your Colorado mortgage rates from the newspaper. Last week proved it. Again. Friday morning, headlines in Colorado and around the country read that mortgage rates were down 0.04 percent, on average, since the week prior. A sampling of said headlines includes: US Mortgage Rates Dro
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02/25/2010