If you’re going to take out a mortgage to buy your Denver luxury home, then you have many options available to you. One of the most commonly asked questions is whether a 15-year mortgage is better than a 30-year mortgage. It all depends on your personal situation, but you’ll save far more money with a… [Read More]
Down Payment: Separating Fact from Fiction
A 2015 survey conducted by Ipsos Public Affairs and Wells Fargo Home Mortgage revealed that 36% of people believed a down payment of 20% was a must for buying a home. This is not at all the case, though. It all depends on the individual, his or her credit, and the lender. What Are the… [Read More]
Cash Out Refinancing: Is Now the Time?
Just a few short weeks ago, traders and real estate experts predicted that the Federal Reserve would raise the benchmark mortgage rate, which would affect mortgage rates across the country. However, thanks to events like Brexit and analysts’ failed GDP forecast, this increase isn’t likely. Now may very well be the time for people who… [Read More]
Should You Consider Buying a Home with Cash?
There are many people across the country who struggle to come up with a 10% down payment required for a mortgage, but despite this, it seems that there is a very surprising trend emerging. More and more people are deciding to buy a home with cash. Is this a good idea? It certainly has its… [Read More]