Denver Mortgage Rates Sink to Five Month Low!

By teamcox • May 13th, 2010

Denver Mortgage RatesCalling all prospective Denver homebuyers! U.S. mortgage rates dropped below 5 percent this week, the lowest level in five months. Interest rates on U.S. 30-year fixed-rate mortgages averaged 4.93% for the week ended May 13, which is down from last week’s average of 5.00% . This is the lowest level since December 2009.

If you are a Denver homebuyer, don’t miss your opportunity to take advantage of these once-in-a-lifetime interest rates. Low interest rates can dramatically increase your buying power.

For information on Denver real estate, or for Denver mortgage lender recommendations, please contact TeamCox Realtors at 303-400-6060.

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