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Colorado Mortgages (CO)
According to The Denver Post, “the real estate market in 2006 looks to fall on more sturdy ground.” Job growth in the state will moderate price declines and continue to fuel the housing market. Sales are up slightly from last year, which was a record-breaking year in Colorado. Mortgage rates fell slightly in early April, making this a good time to purchase or re-finance a home in Colorado.
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Quick Colorado Housing facts
Percent of Coloradons who own a home: 67.3%
Percent of Renters in Colorado: 32.7%
Median Colorado Household Income: $49,670
Average Colorado credit score: 674
Best City to live in Colorado: Louisville, Colorado
Median Colorado Home Value: $166,600
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How much house can I afford in Colorado
Because of the high cost of housing, one of the biggest problems facing Colorado homebuyers is figuring out how much house you can afford. We have some great mortgage calculators that can help you figure how much home will fit into your monthly budget.
The first step in getting any mortgage, refinance or new purchase is to request a quote and get the ball rolling. We look forward to helping you get the best loan for you.
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This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.
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| Type of Loan |
Rate* APR* |
| 5 Year ARM | 5.821% 5.033% |
| 15 Year Fixed | 5.243% 5.288% |
| 30 Year Fixed | 5.729% 5.717% |
| Home Equity Loan | 7.420% 5.740% |
| HELOC | 6.305% 6.990% |
| *Rate & APR Based on The Bradford Index |
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