Mortgages

6 07, 2021

Mesa County Real Estate Welcomes ‘Lowest Ever’ Mortgage Rates

2021-06-22T12:20:13-06:00July 6th, 2021|Home Buying, Home Ownership, Mortgages|

They were at it again last week—the party-poopers who wanted to quibble about what newspapers and broadcast media were proclaiming: a shattering of the record lows in mortgage interest rates. For Mesa County real estate followers, the argument missed what is most important: the bottom line that the rates being offered continue to create a heady environment for home buyers and sellers.

16 12, 2020

New Home Loan Document Evokes a Childhood Pledge

2021-03-23T16:03:31-06:00December 16th, 2020|Contract and Closing, Home Buying, Home Ownership, Mortgages|

It’s one of childhood’s most solemn oaths, still uttered by six-year-olds who hope it will convince one and all of their heartfelt intention to keep a promise. More convincing than “honest to goodness” or “cross my heart,” it is nonetheless a fairly counterproductive pledge. Since it needs to be said in the first place, the assurance can’t help but plant a seed of doubt.

26 08, 2020

The Mortgage Rate Effect on Mesa County Real Estate Investments

2021-03-26T10:00:06-06:00August 26th, 2020|Home Buying, Home Ownership, Mortgages|

Most people are aware of the record-setting lows Mesa County mortgage rates are chalking up right now—the kind of rates that create tempting cashflow projections for even the most conservative would-be investors. But, of course, other factors enter the decision, whether they are planning their real estate investment for their own residence or as a rental. Given the uncertainty in the economy, prospective buyers are asking themselves if now is the right time to be investing in Mesa County.

15 12, 2018

Three Types of Mortgage Loans

2020-06-21T22:17:06-06:00December 15th, 2018|Home Buying, Mortgages|

Lenders used to be more flexible with types of mortgage loans, but regulations have changed now. Here's some info about the 3 basic types of mortgage loans.