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Springs housing price declines put it on double-dip list

Colorado Springs earned a new distinction this week. It was named by Zillow.com among 12 twelve U.S. cities showing extended declines in housing values, reversing signs of a sustained recovery last year. The results of the Zillow study were published by Business Week. It’s also been dubbed a double- dip city for purposes of the report… Continue Reading Springs housing price declines put it on double-dip list

Colorado mortgage rates fall to 4.65%

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Colorado mortgage rates for 30-year fixed loans have dipped to 4.65 percent. Zillow Mortgage Marketplace reports that rates are down from last week’s average of 4.66 percent and that they were were higher than 5 percent last summer. The nationwide average was 4.66 percent. Zillow says its figures on mortgage rates are based on borrower… Continue Reading Colorado mortgage rates fall to 4.65%

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Colorado mortgage rates dip to 4.9%

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Mortgage rates in Colorado dropped to 4.9 percent yesterday and are likey to keep falling today, say analysts from Zillow Mortgage Marketplace. Local rates for 30-year-fixed mortgages topped 5.3 percent in early August and have been heading more or less downward ever since, according to Zillow data. Yesterday’s statewide average was slightly below the national… Continue Reading Colorado mortgage rates dip to 4.9%

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