The 2020 Millennial Home Buyer Report shows how this generation is not really any different from previous ones when it comes to homeownership goals: “The majority of millennials not only want to own a home, but 84% of millennials in 2019 considered it a major part of the American Dream.” Unfortunately, the myths surrounding the […]

If you love the glitz, athleticism, and showmanship of the Olympics, two years can seem like forever to wait. Fortunately for those of us in Colorado, we are not only a hop, skip, and a jump away from the world-famous Olympic Training Center, but also the new U.S. Olympic & Paralympic Museum:

Highlights: Buying a home can be intimidating if you’re not familiar with the terms used throughout the process. To point you in the right direction, here’s a list of some of the most common language you’ll hear along the way. The best way to ensure your homebuying process is a positive one is to find […]

Large credit card debt is like a 30-year mortgage.  If you only pay the minimum amount each month, it would take roughly, 30 years to pay it off…assuming you don’t add anything new to the balance. A $20,000 credit card balance at 18.9% interest with a minimum payment of 2% would take over 30 years […]

A lower rate will not only result in a lower payment, it will amortize the loan quicker.  A $250,000 mortgage at 4.5% for 30 years will have a $1,266.71 principal and interest payment.  At 4%, the same loan will have $1,193.54 payment saving $73.18 a month and the unpaid balance would be $1,776 lower at […]

Rising home prices have been in the news a lot lately, and much of the focus is on whether they’re accelerating too quickly and how sustainable the growth in prices really is. One of the often-overlooked benefits of rising prices, however, is the impact they have on a homeowner’s equity position. Home equity is defined […]