The Summit County Mortgage Source

I received this from one of my account executives with his permission to re-post here. I thought this was an interesting report in that it focused primarily on inflation commentary. As always, if there is anything we can do to help you with financing, don't hesitate to contact us at 970.455.4131....

Retail sales fell 1% for the week ending August 20, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 3%. New home sales fell 0.7% in July to a seasonally adjusted annual rate of 298,000 units from a downwardly revised rate of 300,000 units in June...

The Institute for Supply Management reported that the monthly composite index of manufacturing activity fell to 50.9 in July after a reading of 55.3 in June. A reading above 50 signals expansion. It was the 24th straight month of expansion. Retail sales fell 0.3% for the week ending July 30, acco...

Great information from Allison Simson of Summit Real Estate in Summit County, CO. Latest profiles on resort real estate buyer. Data from the 2011 NAR Investment and Vacation Home Survey shows vacation-home sales accounted for 10 percent of all transactions last year and investment sales were 17 p...

August 1st - 20: Breckenridge Music Festival August 6th: Classic Boat Show - Frisco August 6th - 7th: Bluegrass & Beer Festival - Keystone August 12th - 13th: BBQ at the Summit - Dillon August 13th - 14th: Art on Main St. - Frisco August 20th - 21st: Blues & Art Festival - Keystone August 20th: C...

Some borrowers might not want to refi because their current maturity date for their mortgage coincides with their retirement dates. These folks are missing out on the substantial savings that can be achieved with a lower rate so that they can avoid extending their term for another 30 years.Well w...

Much of the information I consume arrives via email. Like it or not, email is still an effective way to digest information. I don't feel 'compelled' to hit my RSS reader everyday. I am compelled to hit my email, obsessively and daily. One of the subscriptions that catches my attention regularly i...

It's likely many mountain homeowners haven't heard that the high-cost maximum loan amounts as defined by FNMA & FHMLC are going down.Currently, borrowers can finance up to $729,750 and still qualify for the conforming conventional interest rate in some areas of the country. Loan amounts above the...

We have recently approved Village at Breckenridge condominiums eligible for our Portfolio mortgage financing programs. With 3/1 Arm's starting in the mid 4%'s, our loan product can help both current & future owners at the Village at Breckenridge.Some Details on the Condotel Program at CU of the R...

Special Offers HomePath® Buyer Incentive: June 14 – October 31 Fannie Mae is currently offering buyers up to 3.5% in closing cost assistance through October 31, 2011. A $1,200 selling agent bonus is also available to selling agents who close on an owner occupant property and meet all eligibility ...