Most Americans have never heard of the CLUE database, but if you are a home buyer or home seller, it’s probably a good idea to get a CLUE! If you don’t have a CLUE, don’t be embarrassed! Most Americans are CLUE-less and have never heard of the CLUE database, but if you are a home […]
Archives for April 2021
Rising mortgage rates: Lock or not?
To lock or not to lock, that is the home buyer’s choice. Over the last several years we have enjoyed record-low mortgage rates that have, for the most part, been stable. The most recent peak in interest rates was November 2018 with an average reported rate of 4.81% for 30-year loans. Afterwards, the trend moved […]
Why is there such a shortage of homes to buy? – Part 2
In Part 2 of this two-part series, I discuss the variety of reasons why housing inventory has dropped to such low levels in Boulder County. Work from home Now that people can work remotely, many urban dwellers are choosing to move out of larger cities to suburban areas where they can enjoy more space, high […]
Last year set the stage for April’s Fair Housing Month
The National Association of Realtors® (NAR) continues to be an industry leader in fair housing. Last year set the stage for a progressive movement in the fair housing world to support equal opportunity and ensure that people are not discriminated against with regard to housing. In fact, the leadership of the National Association of Realtors […]
Removing Private Mortgage Insurance (PMI) from your mortgage
PMI is usually required on conventional home loans for which the down payment is less than 20 percent. When one thinks of “mortgage insurance” some will think of a type of life insurance that if you die, the mortgage on your house is paid off for the benefit of the survivors. Private Mortgage Insurance, known […]