Tuesday, October 12, 2010

Quick! While mortgage rates are still historically low…

Quick! While mortgage rates are still historically low… now may be the time to look into purchasing with a

lender committed to responsible lending principles. Purchasing a home at today1s historically low interest rates

may mean:

• Lower monthly mortgage payments • Lower mortgage interest paid over the life of the loan

• Increased purchasing power


Interest rate and payment illustrations below compare a loan with a 56 interest rate with a loan with a 76

interest rate for three di8erent loan amounts. See chart for APR and payment information..
Interest rates provided are for illustrative purposes only and change daily. The payment amounts provided do not include

homeowner1s insurance or property taxes which must be paid in addition to your loan payment. Your actual payment may

be higher. Closing costs are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan and

payment amounts will be higher. Your loan1s interest rate will depend upon the specific characteristics of the loan

transaction and your credit profile up to the time of closing. If the down payment is less than $%6, mortgage insurance

may be required and could increase the monthly payment and APR.



Provided by:

Michele F. BeesonMortgage Consultant

Colorado Mortgage Alliance, LLC

Friday, October 8, 2010

There has been a lot of act today within the Mortgage ind. If one would like add info, CORE would like to be a resource.

Tuesday, October 5, 2010

Thought for today…”Never Leave Your Imagination in Idle”

Monday, October 4, 2010