Colorado
Mortgage Rates;
During the past few month, the housing market in Colorado has become a buyers market. With more homes on the market, sellers adding on attractive incentives, and a drop in prices, this is the time to buy. Another reason to buy now is that mortgages are at a low point. So although the market is experiencing a downturn, the number of mortgage applications have remained healthy.
If you’re thinking about buying a home in Colorado, there has never been a better time to enter the property market. Buyers can take advantage of low rates and will be able to get a lot of added value on their prospective homes.
Below are examples of the rates being offered.
For loans up to $417,000
30 Yr Fixed : rates from 5% to 5.725%
15 Yr Fixed : rates from 4.875% to 6.375%
1 Yr ARM : rates from 3.750% to 6.750%
3/1 ARM : rates from 4.5% to 5.625%
5/1 ARM : rates from 4.750% to 6.5%
For loans above $417,000
30 Yr Fixed Jumbo : rates from 5.375% to 6.5%
15 Yr Fixed Jumbo : rates from 5.125% to 6.25%
1 YR ARM Jumbo : rates from 4.125% to 6.5%
3/1 ARM Jumbo : rates from 4.875% to 6.875%
5/1 ARM Jumbo : rates from 4.875% to 6.625%
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Looking for a mortgage in one of Colorado's major cities? Click any of the cities below for more mortgage information.
Major Colorado
Cities;
Aspen
Boulder
Castle Rock
Colorado Springs
Denver
Evergreen
Telleride
Vail
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