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Rising mortgage rates: Lock or not?

April 23, 2021 by The Boulder Property Network

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 […]

Filed Under: Boulder Real Estate Blog, Duane's Timely Topics Tagged With: #bouldercountyhousingmarket, #bouldercountyrealestate, #coloradorealestate, #firsttimehomebuyer, #homebuyer, #homemortgage, #homeownership, #interestratelock, #interestrates, #mortgageratelock, #RealEstate, #realestateinvestments, #seniorhousing, mortgages

Interest Rates Are At a Three-Year Low. Should I Refinance?

February 24, 2020 by The Boulder Property Network

  It’s time to consider refinancing your mortgage again! According to Freddie Mac, the average interest rate on a 30-year mortgage on February 6, 2020 was 3.45%. The last time rates were in this category was on July 7, 2016 when Freddie Mac reported an average interest rate of 3.41%. Rates this low don’t tend to […]

Filed Under: Boulder Real Estate Blog, Duane's Timely Topics, Real Estate Investment Information Tagged With: #bouldercountyrealestate, #interestrates, #realestateinvestments, refinancing

Locking Mortgage Interest Rates 101

August 17, 2018 by The Boulder Property Network

Duane Duggan, with the Boulder Property Network at RE/MAX of Boulder, sits down with Jessica Shanahan of Premier Lending to discuss the hot topic of locking interest rates on a mortgage. How is a “lock” defined financially? Are there any requirements that need to be met in order to be eligible for a lock? How […]

Filed Under: Boulder Market Reports, Boulder Real Estate Blog, Duane's Timely Topics, Real Estate Investment Information, Weekly Boulder Video Podcast Tagged With: #interestrates, #mortgage

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