Blog Entries Tagged: lending

Tagged : lending

Found 1 blog entry tagged as "lending".

History Of Interest Rates in Denver

Many Denver Home Buyers have called us this week wondering if the rise in interest rates is the first step in a disastrous free-fall in Denver housing prices. While we don't pretend to know where Colorado housing prices will go, we thought it would be interesting to see where interest rates around Denver have been in the past.  Here is a list of the average Denver interest rate for a 30-year fixed rate mortgage over the past 45 years, in 5-year increments.  Also shown is the amount of points it cost to get that rate.  One point is 1% of the loan amount.and you pay that in closing costs. In short the rise in interest rates will not effect the Denver Real Estate Market in any drastic way, the main effect it that many…
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