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Survey: Colorado 3rd lowest in closing costs

“The main lesson of this survey for consumers is to shop around for at least three different estimates,” Greg [...]

Getting a loan may get a bit easier.

Many borrowers can’t take advantage of today’s historically low mortgage rates because of strict underwriting requirements.

Denver launches $30 million mortgage program

“We’re providing a financial boost to individuals and families while increasing home ownership opportunities and the overall strength and vitality of Denver neighborhoods,” Mayor Michael B. [...]

Historically low rates not enough

“Ten years ago, even a small decline in the mortgage rate would have produced quite a bit of new refinance and sales activity,” Ryan [...]

HARP hits sour note in Denver

“This is a Band-Aid for a gaping wound,” Brown said. [...]

Twisting away at mortgages

“It will keep mortgage rates low,” Terry [...]

Mortgage downpayment rules attacked

“The message is clear – regulators should go back to the drawing board on the proposed QRM rule. Regulators should focus on good underwriting features, as outlined in the original statute, which are proven to reduce defaults,” Glen [...]

WSJ: Hard to finance odd homes in Colorado

“People like us that want to build these types of homes – we’re basically at the mercy of the mortgage companies,” Wayne [...]

FHA loans almost 50 percent of loans in Denvery

“As long as you are using good credit analyis and lending with good lending practices, which means looking at four basic areas every time – down payments, good credit and good job history, money left over for emergencies, and good cash flow, meaning what percentage of gross earnings you’re spending on housing – whether is is an FHA loan or a conventional loan, is not important,” Peter [...]