What if I told you, you can buy a house with only 5% down? 3% down? Or even 0% down?* Though most people have accepted the fact that they can buy a home with less than 20% down, not
Fed Increased Rates (Friday Flash)
Dated: November 4 2022
Views: 22
The Fed increased interest rates again yesterday... but wait - It's not all bad news.
The Fed did hint at the fact that they may be discussing slowing down the pace that they are increasing interest rates, in the next meeting or two. This is encouraging as many believe that the rise in rates has helped, and is continuing to help combat inflation. If they continue to see a slowdown in inflation, the rise in interest rates may come to an end.
When will that happen? Many are speculating that Spring of 2023 may be the time when we see rates begin to level out, but it's all speculation at this point. All we can guarantee is that we will continue to track and report what we see. This not only goes for interest rates but for Denver Real Estate updates as well.
If you'd like daily updates on what's happening in our ever-changing market, connect with us on Instagram (@Spector_Group). We are posting daily interest rate, and real estate market updates each morning, and as we receive them throughout the day. It's imperative to stay informed to make quality buying, selling, and refinancing decisions!
If you want more information, or feel that the time is right to buy, sell, or refinance, we'd love to answer your questions and provide guidance. Schedule a time with us at our Calendly Link at your convenience.
Josh Spector
Josh was born and raised in Denver, Colorado, and is passionate about our beautiful state. He graduated from the University of Colorado at Boulder in May of 2019, with a degree in Strategic Communicat....
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The Fed increased interest rates again yesterday... but wait - It's not all bad news.The Fed did hint at the fact that they may be discussing slowing down the pace that they are increasing
Step 1) Buy a homeStep 2) Make your monthly mortgage paymentsYes. It is seriously THAT simple.Mannnnyyyyy of the world’s millionaires have created their wealth, or a portion of it, by owning
YOU can addord a home! There are loan programs designed for YOUR financial situation. If you have always viewed the down payment as a hurdle to home ownership, we can help you get over that hurdle.
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