The Boulder Valley Real Estate Conference brings together key players from the local real estate industry, though anyone interested in Boulder Valley’s real estate market and trends is encouraged to attend. BOULDER – The 17th Annual Boulder Valley Real Estate Conference is set for November 21, 2024, from 8:25 a.m. to 4:00 p.m. at Boulder’s […]
Buying or refinancing soon? Check your credit!
When interest rates decline, you might question whether refinancing is worthwhile. Springtime is almost always the strongest real estate season in Colorado. After the winter storms and cold temperatures, people are ready to get out, buy houses, sell houses and enjoy being more active. However, in the spring of 2024, prices were still rising, interest […]
I hear interest rates are dropping! Should I refinance?
When interest rates decline, you might question whether refinancing is worthwhile. It could be a good idea to check your current home interest rate and determine if refinancing might be beneficial. According to Freddie Mac, the average interest rate peaked at 7.79% in October 2023, but as of August 2024, it has decreased to 6.46%. […]
Prices, taxes and insurance have all gone up! Should I get a co-signer?
The price of homes has been steadily increasing in Boulder County and Northern Colorado for years. As prices have risen, it has been more difficult for First Time Buyers to enter the real estate market. In a market like ours, it is important to get into the market as soon as possible. There is an […]
Alternative financing when mortgage rates are too high for comfort
As mortgage rates rise, it isn’t quite as easy to come up with alternative financing ideas as in “the olden days”! However, there are a few alternatives that are still out there. When interest rates on mortgage loans climbed to historic levels in the 1980s, it was very hard for the consumer to secure a […]
Homebuyers gain some purchasing power through higher loan limits and lower mortgage rates
In response to the in property values, the FHFA has declared an increase in the maximum baseline conforming loan limits for Fannie Mae and Freddie Mac-acquired mortgages for home loans in Colorado for the year 2024. As we enter 2024, prospective homebuyers are facing challenges including relatively stable housing prices and an ongoing shortage of […]
Hard money lending for real estate
When you hear “hard money loans,” you might picture money changing hands in a dark alley and rough collection techniques when the loan comes due. However, that could not be further from the truth as hard money lending can be a very valuable and useful tool in many real estate transactions. In the “regular” real […]
Options for financing when interest rates go up
The most popular mortgage loan evolved into what is the 30-year amortized loan, which has become one of the primary reasons for increasing the level of homeownership in the United States. Amortizing means some of the principal of the loan amount is paid off each month, allowing homeowners to build equity and avoid a large […]