Dec
Interest Rates Continue to Fall
by Derek Weeks - Denver RealtorPublished in: Mortgage Market in the News
Looking at current interest rates I cant help but to see a huge opportunity for home owners and future home buyers. Let me start by saying that this morning I was in shock when a client of mine received their full mortgage pre-approval from one of our preferred lenders, their interest rate was locked in at 5.125%
With the values of homes dropping rapidly, interest rates dropping just as quick a new home buyer can pay up to $500 less per month for the same exact house they could have bought just 2 years ago! One must wonder why more people are not out taking advantage of the current situation.
Bottom line is this, anyone who is considering taking that leap into Denver home ownership should make that leap now. For more information regarding interest rates check out Urban Synergy’s main website at www.UrbanSynergyRealty.com.