Happy Tuesday Morning.
I hope everyone had a great weekend!
Let talk about interest rates again.
Hi, Roberts Johnson with Cool Denver Homes. Interest rates are continuing to stay at their lowest levels since mortgages were introduced in the 1050’s. Just a few years ago, interest rates were at 7% and everyone thought it was such a great deal. Now they are 3.5 to 4% for a 30 year fixed loan. Well I want to show you the difference in a $200,000 loan at 7% and a $200,000 loan at 3.5%, which is half of what it was 3 or 4 years ago. A $200,000 loan at 7% is $1330.60 a month. That same loan today at 3.5%, will cost you $898.00 a month, a difference of $432.80 a month. That’s more than a car payment in savings every month.
If you think you need help fixing your credit, contact me, I have lender’s that specialize in getting your credit back on track and then we can get you into a house.
We service metro Denver including, Northwest Denver such as Lohi and northwest Highlands, Denver northeast such as Park Hill, Curtis Park and Stapleton. Denver Southeast, Lowry, Washington Park, Cherry Creek and Country Club. Denver Southwest, like Golden Triangle, Barnum and Baker and finally downtown Denver such as Lodo, Downtown Denver and Ball Park.
We also serve all cities around metro Denver. Here is a list of cities: Arvada, Aurora, Broomfield, Castle Rock, Centennial, Cherry Hills Village, Commerce City, Denver, Edgewater, Englewood, Federal Heights, Glendale, Golden, Greenwood Village, Highlands Ranch, Lakeside, Lakewood, Littleton, Morrison, Northglenn, Parker, Thornton, Westminster, and Wheat Ridge.