Jun 20, 2012

Mortgage Interest rates continue to slide, which is a real surprise to many economists so far this year.  The steady drop in rates for almost two months has been fueled by a weaker than anticipated jobs report, and sagging market productivity which has sent bond prices soaring. The declining interest rate environment is surprising many experts, who predicted steady economic growth and stock prices. Nothing could be better for Spring home buyers in Denver right now!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Interest Rate Advice

Although there's a lot of reasons for interest rates to remain stable throughout this calendar year, the long term expectation is for interest rates to rise. Don't take these low rates for granted. If you're financing a home right now, my best advice is to "lock-in" these low rates, rather than gamble that they'll be lower as you get closer to your closing date. Better be safe, than sorry!

If you're in the market for a home this year, allow us to help you find the right lender and loan program, and help you take advantage of these great low interest rates. Today’s interest rates are quite a bargain!

View 'Market Trends Report'

Previously Posted At: Today's Interest Rates And Trends 
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