The Low-Down on Low Down payments for Millennials

So what’s the millennials’ secret to securing a home? The answer is three letters: FHA. Like most low down payment programs, FHA requires mortgage insurance, including an upfront payment of 0.85% of the loan amount (lowered from 1.5% early last year). Lenders typically roll this upfront fee into the loan, so it does not increase… [Read More]

Denver urban home values appreciating more than suburban home values

Denver urban home values appreciating more than suburban home values In a trend that’s repeating itself around the country, homes in Denver’s urban area are appreciating at a greater rate than homes in Denver suburbs. The value of homes in Denver’s urban area have appreciated 14.4% in the past year and 54.5% in the past… [Read More]