RJ Baxter Colorado Mortgage Banker

Follow me
By
Mortgage and Lending - Fairway Independent Mortgage Corporation - NMLS #395819
I am a Colorado Mortgage Banker focusing on the Colorado Mortgage Market, with fast closings on home purchase transactions in the Colorado market. A former teacher, my philosophy is to educate my clients so they understand the loan process and can make informed decisions on the best options available for their long and short term financial goals.

ARCHIVED BLOG POSTS

2010 

Colorado Mortgage Ratesare low right now but pinning them down this week could be a challenge. As Labor Day Weekend nears and Wall Streeters take their head-start on the holiday, trading volume will fall, which will cause Colorado mortgage rates to get jumpy. As mortgage rates change, so does the...
08/31/2010
Mortgage markets improved last week despite a major mortgage bond sell-off Friday afternoon (when investors sell bonds, mortgage rates go up).  Prior to the jump, conforming mortgage rates had cut new, all-time lows by Thursday, only to lose up to 0.250 percent on the last day of the week. Meanwh...
08/30/2010
With home prices holding firm and colorado mortgage rates still dropping, home affordability is reaching new heights. According to the quarterly Home Opportunity Index as published by the National Association of Home Builders, more than 72 percent of all new and existing homes sold between April-...
08/30/2010
One day after the National Association of Realtors released the softest Existing Home Sales report since 1995, the U.S. Census Bureau released a similarly-weak New Home Sales report. Americans bought just 276,000 newly-built homes in July. That marks the fewest units sold since the government sta...
08/26/2010
The number of home resales plunged by 1.4 million units in July, according to the National Association of Realtors®' Existing Home Sales report. It's a drop of 27 percent from June; single-family Home Sales in Colorado are at the report's lowest levels since May 1999. Furthermore, bec...
08/25/2010
The tightening in mortgage-lending policies that characterized the last 3 years appears to be slowing. According to the Federal Reserve's quarterly survey of senior bank loan officers, roughly 1 in 10 lenders added mortgage qualification hurdles between April and June. It's a huge departu...
08/24/2010
Another week, another new low for conforming mortgage rates.  In fact, this week marks the 9th time in a row it's happened. Colorado Mortgage Rates last week were (again) at their lowest levels in history.  This despite a slight spike up to end the week last week. The data comes from Freddie ...
08/23/2010
How much does a mortgage cost? The answer depends on where you live. But no matter which your locale, chances are strong that you'll pay more for a mortgage in 2010 as compared to 2009. According to Bankrate.com and its annual Closing Cost Survey, a typical $200,000, purchase mortgage now car...
08/19/2010
Sometimes, you need to look deeper than the headlines to get the news that matters. This basic truth's latest example comes from the July Housing Starts data, as published by the U.S. Census Bureau. According to the newspapers, Housing Starts improved last month: US Housing Starts Make Modest...
08/18/2010
Home builder confidence in the newly-built, single-family housing market is down for the third straight month this month. After reaching a 3-year high just 90 days ago, the National Association of Homebuilders' Housing Market Index is now at a multi-year low. It's since dropped by almost ...
08/18/2010
Rainmaker
259,198

RJ Baxter

303-670-0137
Ask me a question!
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the clock to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information


View RJ Baxter Team - Mortgage Broker in a larger map

" style="overflow:hidden;" seamless scrolling="no" id="custom-widget-content" onload="resizeIframe()">Your browser does not support iframe.