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Colorado Mortgage Loans
Are you looking for a home mortgage in Colorado to purchase a new home or refinance your existing Colorado home? Colorado Home Mortgage connects Colorado homeowners to direct Colorado Mortgage Lenders. The first step is to complete our easy-to-use online form. Simply fill out this basic information and the best direct mortgage lender for your specific needs will contact you within 48 hours.
Colorado Housing Market
Over last decade the housing market in Colorado has been extremely active. Prices in various regions throughout Colorado vary greatly from one area to another. In general Colorado properties have been in huge demand from regional, national, and foreign investors. Over the last several month real estate prices in Colorado has begun to soften a bit. The softening market has prompted some sellers to increase incentives to sales agents and buyers, ranging from increasing sales commissions to reducing pricing. Many believe this presents an opportunity to scoop up hot Colorado homes at reduced prices.
The reasons for the cooling market include mortgage rates than are beginning to move higher, a temporary oversupply of homes, and the property tax consequences of moving to a new home.
Many experts and market watchers say the fundamentals underlying Colorado's real estate market remain sound. The 30-year fixed and variable rate mortgages still remain around 6.5 percent, relatively close to historic lows. Another positive factor is unemployment remains very low throughout Colorado.