Trends
First Time Buyers
Update on Mortgage Rates in Boulder
April 13th, 2010 Categories: Buyer's Corner, First Time Buyers, Focus on Boulder, Market Conditions, Trends, Uncategorized
Here is the first of many to come. The Troia team at Coldwell Banker will have frequent market updates for your convenience. So please visit our blog frequently and stay in the loop.
1) 30 year fixed conventional loan is at 5.22% with 0 points. 5% with 1 point
2) FHA 30 fixed is at 5.239% with [...]
Written by Parker Krug | Discussion: No Comments »
Lafayette has “Spork” and Boulder has “Mork” –
March 8th, 2010 Categories: Boulder Subdivisions and Neighborhoods, Colorado Round Up, First Time Buyers, Relocating, Trends
Save Spork the Dog
Written by Karen Cifala | Discussion: No Comments »
Its a buyers’ market afterall, its a buyers’ market afterall….It’s a buyers’ buyers’ market!!!
February 26th, 2010 Categories: Buyer's Corner, First Time Buyers, Focus on Boulder, Market Conditions, Trends, Uncategorized
The fallowing are all definition of a buyers’ market: 1) When the demand for property is less than supply so the advantages shift to the buyer. 2) A market which has more sellers than buyers. Low prices result from this excess of supply over demand. Also soft market or opposite of seller’s market. 3) When a buyers’ market [...]
Written by Parker Krug | Discussion: No Comments »
Buying a HUD home? Confused? It’s not that hard!!
February 18th, 2010 Categories: Boulder Subdivisions and Neighborhoods, First Time Buyers, Market Conditions, Real Estate Tales, Relocating, Selling Thoughts, Trends
So you are in the market for a HUD home. What is HUD, where do I find the, how do I get one?????? This can overwhelm you and may seem confusing but trust me it’s not.
If a loan insured by the Federal Housing Administration or FHA goes in default, the FHA takes certain steps to [...]
Written by Parker Krug | Discussion: No Comments »
Q and A on The New Homebuyer Tax Credit
March 27th, 2009 Categories: Buyer's Corner, First Time Buyers, Trends
Is the tax credit $8000…… or $7500? It depends on when you bought your new home, of course. Would you rather have to pay back $7500, or not pay back $8000? If you are eligible for the $8000 you don’t have to pay back, do you have to wait until 2010, or can you get [...]
Written by Ro Troia | Discussion: No Comments »
RATES FLAT DESPITE MORE NEGATIVE ECONOMIC DATA
February 6th, 2009 Categories: Buyer's Corner, First Time Buyers, Market Conditions, Real Estate Tales, Relocating, Selling Thoughts, Trends
Mortgage interest rates were mostly flat this past week despite continued negative economic data. Today’s January employment report showed that the unemployment rate jumped from 7.2% in December to 7.6% in January. This is the highest unemployment rate in 16 years. Non-Farm Payrolls declined 598,000 on expectations that they would decline by 500,000. This is [...]
Written by Ro Troia | Discussion: No Comments »
RATES FALL SLIGHTLY ON FOMC ANNOUNCEMENT
December 19th, 2008 Categories: Buyer's Corner, First Time Buyers, Market Conditions, Relocating, Selling Thoughts, Trends
Mortgage interest rates fell slightly this past week as the Fed cut the discount rate by 75 basis points at the conclusion of its FOMC meeting on Tuesday. Additionally, the Federal Reserve stated that they would purchase large quantities of agency debt and mortgage backed securities to support the mortgage and housing markets. The yield [...]
Written by Ro Troia | Discussion: No Comments »
RATES FALL AGAIN ON NEGATIVE ECONOMIC DATA
December 13th, 2008 Categories: Buyer's Corner, First Time Buyers, Market Conditions, Relocating, Selling Thoughts, Trends
Interest rates fell slightly again this week on continued negative economic data. October Wholesale Inventories and weekly jobless claims were much weaker than expected. November Retail Sales fell 1.8%. Excluding automobile sales, Retail Sales were down 1.6%. The November Producer Price Index (PPI) fell 2.2% on expectations that it would fall 1.8%.Excluding the food and [...]
Written by Ro Troia | Discussion: No Comments »
RATES CONTINUE TO FALL ON ECONOMIC DATA
December 5th, 2008 Categories: Buyer's Corner, First Time Buyers, Market Conditions, Relocating, Selling Thoughts, Trends
Mortgage interest rates fell slightly on the week on continued negative economic data.
Todays November employment report showed job losses of 533,000 on expectations that 320,000 jobs would be lost. The unemployment rate was reported at 6.7% on expectations of 6.8%. The ISM Manufacturing Index and the ISM Services Sector Index were weaker than expected. October [...]
Written by Ro Troia | Discussion: No Comments »
RATES INCREASE DESPITE FALL IN TREASURY YIELDS
November 25th, 2008 Categories: Buyer's Corner, First Time Buyers, Market Conditions, Relocating, Selling Thoughts, Trends
Mortgage interest rates increased slightly this past week despite the yield on the US Treasury 10 year note falling from 3.71% to 3.174% currently. This is the biggest weekly drop in the 10 year note since the stock market crash of 1987. Money continues to flow into safe Treasury debt with short-term yields nearing zero [...]
Written by Ro Troia | Discussion: 1 Comment »
