Rising Mortgage Rates

This article will answer the question, “What are mortgage interest rates going to do?”

mortgage

Here are a few key points: (click on the link for the complete article)

  1. Forecasted mortgage interest rates: 2018= 4.6% 2019= 5% 2020= 5.3%
  2. Economic growth will be modest but will be strong enough to push down the unemployment rate, which in turn will push up wages and allow more millennials and renters to buy (higher wages will help offset the higher interest rates).
  3. Home prices can’t continue to accelerate as they have but they won’t fall… they just won’t increase as much as quickly.

If you have been wondering if this is your time to make a move, please call me.  I’d love to help.

http://www.denverpost.com/2017/10/24/mortgage-bankers-association-rates-to-rise-through-2020/

Giving Back with out of state transactions

As a Realtor in the Denver area, it is important to me to give back to my community.  Since 2013, I have made a commitment to donate 5% of my commissions on each successfully closed transaction.  My clients choose the charity that is meaningful to them and I make the donation in their name.  Since 2013, we have donated over $35,000 to over 60 different charities.

Today I have the pleasure of giving back to the Broomfield community and beyond by donating $525 to Holy Family High School, on behalf of my clients.  Sometimes my giving back donations are a result of transactions completed outside of the state of Colorado.  In this case, I was able to help clients purchase a dream home on an island.  Please know that I am able to assist clients throughout the United States.  If you or someone you know has interest and a need for assistance outside of Colorado, please reach out to me.  I can help, and together we will continue to make a difference.

holyfamilyhighschool

Since January, my clients and I have given back $8,000 to our community.  Together my clients and I are making a difference through my Giving Back campaign.