Tuesday, January 17, 2006

Mortgage Rates Down for Fifth Consecutive Week

What has been happening in the mortgage market lately, especially considering the change in the Federal Reserve Board leadership, is quite interesting. Mortgage rates have leveled, and have actually decreased over the past five weeks. Couple this with slowing seasonal markets in the Boulder Colorado Real Estate area, some price reductions, and educated buyers, the first quarter of 2006 is shaping up to be a solid buyer’s market.

Read more detail on the five-week mortgage decline here.

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