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News from Moe

Fannie: Sales Up 9 Percent in 2012

Fannie Mae’s economists expect total home sales to rise approximately 9 percent this year from last year’s depressed levels. Although...
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US 30-year mortgage drops to record-low 3.67 pct

Average U.S. rates on 30-year and 15-year fixed mortgages this week fell to fresh record lows for the sixth straight...
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Banks not dumping homes in Denver

Much of the increase in inventory is due to foreclosures and short sales, in which banks are willing to take...
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Denver homes selling at all price points

Niederman said part of the reason might because owners of expensive properties last year slashed prices in order to sell,...
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