Denver Homes Online

October 2012 Mortgage Interest Rates Denver CO (archived)

Dec 01, 2012


Rates are holding steady.  Recent economic news for jobs reports has been decent, if not better than expected, and this news has kept the markets and rates, in check.  All eyes are now on the upcoming election, and the affect of political results on the markets and market confidence.

Stay tuned for my next report.  (posted November 1, 2012)

Rates As Of November 1, 2012

rate comparison chart

 


6 month trends graph

october 2012 interest rate graph

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 
Image Attributions: percent sign - sxc.hu


 

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Category: Financing

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