What are some lenders with the lowest mortgage rates for Colorado?
I am looking for a FHA 30 fixed loan and want some lenders with the lowest rates. It is usually around 6% but if you have a lender that can offer lower I want to know. Please only Colorado lenders because each state has different laws.
Unless you have a fixed-rate mortgage, the current mortgage interest rates are very important to deciding how much you should pay every monthcompanies offer different interest rates so it is a good idea to shop around for the best deal before settling on one particular lender.
What is the lowest mortgage rate in Colorado right now?
I have a great credit score of about 780, I am a first time buyer making about $55K/yr, and the loan will be for about 215,000, 30yr fixed. I’ve been working through a financial planner who claims to have relationships with all the big banks, and he told me last night the best is 5.75, and I think he charges one point at closing. Any advice would be great!
After looking at the all the major players and searching for the lowest rate the best i see 30yr fixed is 5.50 without having to buy down the rate.
A 10 year ARM is coming in at 5.375%
i dont recomend going below a 7yr ARM this gives you a low rate and flexability down the road without a huge risk!
Many fanancial planners are brokers i would at least look at other offers to see who gets you the absolute lowest rate without buying down the rate!
in colorado the highest intrest rate you pay on a auto loan is 22% is there a limit on fixed rate mortgage?
Mortgages are priced a lot differently than car loans – even if the highest allowed rate was only 9%, that would make the monthly payment $100’s more per month than a 5.5% mortgage and probably put you over the eligibility level
QE2 and mortgage rates?
I have a home being built in Northern Colorado. But won’t be closing until late Feb/early Mar. I can lock 30-60 days out. With the news of QE2 I have seen countless articles saying this should drive down rates possibly even further short term, but drive them up long term. But what is “short term”? Am I in trouble if I cannot lock until after the first of the year?
Everyone thinks rates will go down – which means they will go up.
what is the going rate for a 30 yr fixed mortgage in colorado with 10 % down?
Best bet call a local loan officer, it all depends on the lender and numerous other things. There is no correct answer to the question.
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