Property Management in a Pro-Pot State

Property Management in a Pro-Pot State

BOULDER – Marijuana remains more illegal than legal on the national level, but the movement is certainly gaining ground. So far, a handful of states have legalized on the recreational front (with several more states allowing medicinal marijuana). For landlords, this...
Tips for Avoiding Phishing Scams

Tips for Avoiding Phishing Scams

BOULDER –  Avoiding scams can pose a challenge, especially since phishing attempts are becoming more sophisticated. In extreme cases, phishing and fraud can cause disastrous results, including the loss of life savings. Since online scams are becoming more difficult to...

Why your mortgage is getting more expensive

World events are conspiring to make it more expensive for you to borrow money to buy a house. Mortgage rates have increased for five consecutive weeks, according to Bankrate data, bringing interest on a 30-year fixed rate loan to 4.44 percent, the highest level in 11...
Mortgage rates on the rise

Mortgage rates on the rise

LOVELAND – Mortgage rate increases have been predicted to rise for some time now, and we’ve finally seen a notable change. According to Realtor.com, rates are currently the highest they have been in four years! What does this mean for home buyers? Reduced buying power...
Federal Reserve Prime Rate Prediction

Federal Reserve Prime Rate Prediction

BOULDER – The financial forecast is one with rising temperatures: the Federal Reserve is predicted to raise the Prime Rate as many as three times this year. This is important because home equity lines are directly tied to the prime rate. When the rate goes up, the...
How Does a Fed Rate Increase Affect Mortgage Rates?

How Does a Fed Rate Increase Affect Mortgage Rates?

In news from the financial world, it’s expected that the US Federal Reserve’s Open Market Committee will raise interest rates before the end of the year. Experts are predicting a 60% chance of an increase. This is exceeding expectations; just recently, experts set the...
4 ways to pay off your mortgage early

4 ways to pay off your mortgage early

If you can afford it, it might be simple to pay off your mortgage earlier. But should you? That’s a complicated question. Homeowners with low mortgage rates may be better off putting extra money in a Roth IRA or 401(k), both of which might offer a higher return than...
Are builder lender incentives really worth it?

Are builder lender incentives really worth it?

BOULDER – For people in the market for a new home, purchasing newly built construction is an enticing possibility. For one thing, buying brand new helps you avoid the wear and tear of old houses. It also affords you the chance to customize. But purchasing new is...

Hard money lending for real estate

BOULDER  – The following article is a summary from the book, “Realtor for Life,” written by Duane Duggan. When you hear “hard money loans,” you might picture money changing hands in a dark alley and rough collection techniques when the loan comes due. However, that...