Need a Loan?

Finding the right financial solution for your Denver real estate transaction can be confusing. It’s important for you to know that facts about your mortgage before you buy a house. Making sure that you know how much you can afford and the best rates for your purchase can you save you more than money, it can save you time and stress! Contact me today and I will be happy to give you more information.

Mortgage Market Update - Denver Real Estate

Mortgage Market Update – Denver Real Estate

by Brendan Bartic January 30, 2012 How's The Market

Mortgage Rates Rise Despite Fed Plea to Keep Rates Low

Jan 27th, 2012 (bankrate.com)

Mortgage rates inched up this week, despite the Fed’s latest efforts to hold rates low. Some experts worry that as investors gain confidence in the economy, rates may keep climbing. Others say there’s still plenty of bad economic news to keep rates at …

Read the full article →
Mortgage Market News and Rate Survey - Denver Real Estate Market

Mortgage Market News and Rate Survey

by Brendan Bartic December 14, 2011 Front Range Real Estate News

Mortgage Market News and Rate Survey

Lori M. Graham, Mortgage Advisor, Coldwell Banker Home Loans

 

Consumers Paying Credit Cards Before The Mortgage

Dec 9th, 2011 (www.nationalmortgagenews.com)

Citing its data from recent years, TransUnion observed that before 2008, consumers for decades tended to pay their mortgage first “because it was their greatest asset,” says Steve Chaouki, group vice president for TransUnion’s …

Read the full article →

Mortgage Rates Fall Again on Greek Debt Crisis

by Brendan Bartic November 3, 2011 Buyers

Mortgage Rates Fall Again on Greek Debt Crisis

November 3rd, 2011 (www.bankrate.com)

Mortgage rates took another dip this week as investors grew anxious over Greece’s debt woes and sought safety in the United States.

The financial turmoil in Europe has influenced the direction of mortgage rates for months now, but especially in recent weeks, says chief economists Bob Walters.  …

Read the full article →

Fed Holds Interest Rates at Historic Lows,QE3 Not In the Forseeable Furture

by Brendan Bartic June 22, 2011 How's The Market

I thought this recent article by Andrew Packer is of importance to those of you who are thinking of buying or selling. 

With today’s announcements from the Federal Reserve, two things are very clear: First, low interest rates are here to stay — at least for the foreseeable future. Second, the Fed has no plans yet to take …

Read the full article →
Denver Real Estate - Mortgage Market News for the week ending June 17, 2011

Mortgage Market News for the week ending June 17, 2011

by Brendan Bartic June 17, 2011 Mortgage Info

Inflation Higher
There was a lot of volatility during the middle of the week, but mortgage rates ended nearly unchanged. Weak manufacturing data offset higher than expected inflation readings. Similarly, increased social unrest in Greece early in the week was balanced by renewed hopes on Friday for a quick solution to Greece’s debt problems.

The current economic …

Read the full article →

Mortgage Glossary N-Z

by Brendan Bartic April 20, 2011 Mortgage Info

non-conforming loan
Also called a jumbo loan. Conventional home mortgages not eligible for sale and delivery to either Fannie Mae (FNMA) or Freddie Mac (FHLMC) because of various reasons, including loan amount, loan characteristics or underwriting guidelines. Non-conforming loans usually incur a rate and origination fee premium.The current non-conforming loan limit is ,601 and above.

note
A written …

Read the full article →

Mortgage Glossary E-M

by Brendan Bartic April 20, 2011 Mortgage Info

earnest money deposit
A deposit made by the potential home buyer to show that he or she is serious about buying the house.

easement
A right of way giving persons other than the owner access to or over a property.

effective age
An appraiser’s estimate of the physical condition of a building. The actual age of a building may be …

Read the full article →

Mortgage Glossary A-D

by Brendan Bartic April 20, 2011 Mortgage Info

adjustable-rate mortgage (ARM)
A mortgage that changes interest rate periodically based upon the changes in a specified index.

adjustment date
The date on which the interest rate changes for an adjustable-rate mortgage (ARM).

adjustment period
The period that elapses between the adjustment dates for an adjustable-rate mortgage (ARM).

amortization
The repayment of a mortgage loan by installments with regular payments to cover …

Read the full article →