Qualified Colorado Springs homebuyers just got another reason to search the Colorado Springs real estate MLS: new low interest rates of 3.54 percent on 15-year fixed-rate mortgages. Analysts believe that is a record low, according to an Associated Press story on August 4, 2011. Click here for more information about neighborhoods of Colorado Springs real estate for sale. Nothing comes free, however. Borrowers will have to pay 0.7 point for the new low rate. A point equals one percent of the mortgage … [Read more...]
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