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Where Are Interest Rates Going in 2016?

by Alan Daniels

Interest Rate Forecast and Colorado Springs Homes For Sale

Colorado Springs Home Loans - Interest Rates

Prices of homes in Colorado Springs and interest rate forecasts are extremely important to consider this year. Thinking of buying a home in 2016 or know someone who is? Rates are forecasted to go up as are home prices in Colorado Springs which could quickly effect the amount of home you'll be able to buy. Take a look at this projection chart above and see if finding a home in 2016 makes financial since to you or anyone else you know who is on the fence.

Houses in Colorado Springs are going up in value while rents are rising at massive rates so make sure to take action and begin researching your options.

The Difference Your Interest Rate Makes

by Alan Daniels

Your interest rate when buying a home in Colorado Springs makes a huge difference.  Especially if you plan on staying in the home for a while.  Here is an extremely helpful Infographic so you can better understand the effects.

Contact us today to put a plan together.

Mortgage Rate Increase!

by Alan Daniels

There are countless forecasts that the interest rates are going to rise in 2016.   It is important to consider what rates will do if you are planning on purchasing a home in 2016 or beyond.  Below is a chart showing the forecasted rate increase which could impact your purchase power when buying a home.

Colorado Springs Mortgage Rates 2016

Now that you see where rates are forecasted to be here is a table showing how interest rates would impact the purchasing power of a prospective buyer on a $300,000 home.

Easy to see that if you are considering a home purchase, purchasing sooner rather than later will most likely make more sense financially over time.  Contact us today to put a 2016 plan together for you.

Displaying blog entries 1-3 of 3

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