Cliff Holmes Universal Lending

04/19/2019

The share of home mortgage loan payments that are 30 days or more past due fell to a 20-year low of 4.0% in January, down from 4.1% in December and from 4.9% in January 2018. The foreclosure inventory rate fell year over year from 0.6% to 0.4%, also a 20-year low.

Mortgage delinquency and foreclosure rates have reached 20-year lows, according to research firm CoreLogic.

04/12/2019

Our families definitely drive our homebuying experiences: Multi-generational homes are the preferred choice for Gen-Xers and older millennials, according to the National Association of Realtors. While Gen Xers prefer to buy a multi-generational home because their adult children are moving in with them or never left home, older millennials who bought these homes were likely to do so to take care of their aging parents.

Multi-generational homes are the preferred choice for Gen-Xers and older millennials, according to t...

04/10/2019

Interest rates are lower and inventory is higher than they've been in a while! If you've been trying to decide if now is the right time to buy a home, let's talk. Mortgage interest rates have dropped and inventory is rising. Now may be the time to make your move. Don't miss this window of opportunity to buy your first home, upsize or downsize.Contact me today if you're ready to get your finances in order.

04/05/2019

Spring is here. If you’re on the fence about selling your home, here are some experts to ease your mind.

Fear is driving a lot of homeowners not to sell their homes. Financial decisions are not driven by fear. Real estate agents talk about why now is the best time to sell and buy a home.

04/01/2019

Some people love being part of an HOA neighborhood; others do not. Here are a few tips to consider before making your move.

The Colorado Department of Regulatory Agencies (DORA) offers some tips on things to consider if you’re purchasing in an HOA (home owners association). Some people love being part of an HOA ne…

03/29/2019

A refinance may be the right move for you! Interest rates have dropped again, with rates currently at their lowest point since January 2018. This means that refinancing may be a smart financial choice for you. Contact me today if you’re ready to discuss this opportunity.

03/22/2019

U.S. long-term mortgage rates fell this week, giving an incentive to potential buyers as the spring homebuying season opens. If you are ready to consider homeownership or want to know more about refinancing now, contact me today to get started.

WASHINGTON (AP) — U. S. long-term mortgage rates fell this week, giving an incentive to potential buyers as the spring homebuying season opens. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage declined to 4. 28 percent from 4. 31 percent the previou...

03/20/2019

Homeowners will receive property tax statements soon, letting you know how much your 2019 property taxes will be. This is not a bill. Unless you waived escrow, your taxes are included in your mortgage payment. Questions? Contact me.

03/17/2019

03/16/2019

If you’ve defaulted on your student loans, you’re not alone. According to CNBC, more than 1 million people default on their student loans each year, and approximately 22% of student loan borrowers default at some time. But joining the crowd won’t help your credit or open opportunities for you in the future. Here are some ways you can work to repair a federal student loan that you have defaulted on.

If you’ve defaulted on a student loan, here are ways to fix your credit. Pay loan in full. Loan rehabilitation. Loan Consolidation

02/22/2019

The changes in the market have made it possible for to spend a bit less on their homes. This along with currently lower interest rates means now may be the time to get in the market. You don't have to wait until spring!

For at least five years, until last summer, home sellers had a firm upper hand in metro Denver, but things are shifting. One sign of that — more sellers are having to accept offers below thei…