Over the past year, mortgage rates have fallen more than a full percentage point. This is a great driver for homeownership, as today’s low rates provide consumers with some significant benefits. Here’s a look at three of them: Refinance: If you already own a home, you may want to decide if you’re going to refinance. […]
Veterans are no longer restricted to a loan limit beginning January 1, 2020. Previously, veterans were limited by the same restrictions set by the Federal Housing Finance Agency on conforming loans. While these limits were national in nature, there were exceptions for high-cost counties and jumbo loan procedures. The elimination of loan limits doesn’t mean […]
If you have children or are a child at heart, you know that there is nothing quite as fun and whimsical as a super fast and steep slide, which is not hard to come by around our Colorado parks! While slides alone are magical, ice slides are both unique and festive, and can be experienced […]
Some are reporting that there is trepidation regarding the real estate market in the United States. Apparently, the American people are quite comfortable. Porch.com, a major network helping homeowners with their renovation projects, recently conducted a survey which asked Americans: “What do you believe is the safest investment over the next 10 years?” U.S. housing […]
Homeownership is a privilege and a responsibility falling into one of three categories: maintenance, minimizing expenses and managing debt and risk. Even after decades of owning a home, you may still need some help to handle some of these challenges. One of the most frequent calls REALTORS® receive from past customers is to ask for […]
Downtown Colorado Springs 1 N. Tejon Street, Colorado Springs, CO 80903 Take the whole family out this Saturday, December 7, 2019 to the Festival of Lights Parade! There will be a beautiful display of lights, bands playing Christmas music, floats, horses and much more! Parade will start at the intersection of Tejon Street and St. […]
Mortgage interest paid on your principal residence is deductible today as it was in 1913 when 16th amendment allowed personal income tax. The 2017 Tax Cut and Jobs Act reduced the maximum amount of acquisition debt from $1,000,000 to $750,000. Acquisition debt is the amount of debt used to buy, build or improve a principal […]
Did you know that each year in the United States, we celebrate “National Roof Over Your Head Day” on December 3rd? As noted on the National Calendar, it was “created as a day to be thankful for what you have, starting with the roof over your head. There are many things that we have that […]
