Happy New Year!!!!!!

Believe it or not 2009 ended with higher mortgage rates than we had at this same time in 2008. From 12/31/2008 to 12/31/2009 Fannie Mae mortgage backed securities lost -165 basis points causing conventional 30 year fixed mortgage rates to rise.

We certainly had a very volatile year that at one point saw 30 year fixed rates in the mid 4's and as high as the low 6's. We ended the year right in the middle of those ranges.

2009 was a year of unprecedented market involvement by our government, yet rates still increased. We need to be very careful in 2010 as our economy slowly begins to awake from hibernation. As the economy grows, so to will mortgage rates.

I know you are busy and it is virtually impossible for you to keep track of what is going on in the economy. I monitor the trading of Mortgage Backed Securities; the only thing conventional and government mortgage rates are based upon. So, I know if there is going to be a trend reversal in mortgage rates.

Please call on me any time for an industry update.

Free Nationwide MLS Search! Check it out!

New Colorado Office is open!

We are open for business! Feel free to call us or visit us at our new location:

1240 Bergen Parkway, Ste. A205
Evergreen, CO 80439
303.674.2300 Direct Phone

New Website has officially LAUNCHED!!!!

Hey everyone!  We've launched our new site!  Check back on our blog or sign up for our weekly newsletter.  I'll be posting rate information on whether to float or lock daily and how the markets are reacting to the financial news of the day.

Getting ready to LAUNCH!

We're just about ready to LAUNCH our new site! Keep an eye open for it!

Our newly designed website!

We are extremely excited to get "live" with our newly designed site! Thanks to Scottie Emmerling at www.se-designs.com If anyone ever has any web design needs, Scottie's the man!

How long does it take to refinance a loan?

On a clean file it should take no more than 15-20 business days to close a refinance.