ARCHIVED BLOG POSTS
2014
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When considering a home loan, a common question is:With mortgage rates rising and falling as they are now, is it better to get a fixed or adjustable rate mortgage?Michael Shotnik, Branch Manager of Colorado Mortgage answers, "It depends on the borrower. For a first time home-buyer, I’d still rec...
01/28/2014
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QM Law (Qualified Mortgages) goes into effect January 10th and requires mortgage lenders to make a good-faith determination of the borrower’s ability to repay the loan using verified information.This is also known as the government’s “Ability to Repay” Rule to tighten lending standards believed ...
01/02/2014
