Rhonda’s Perspective For 2014

     The obvious reality for 2014 will be long term mortgage rates going up some more.  I think it will be a slow steady progression upward.  That will mean less refinance business, but more Purchase and New Construction business.  There are now Dodd/Frank laws going into effect this year.  I think that will make a few people not qualify.  Sadly, I think it will effect the low end market the most.

     I think we will see a slow steady growth in the Purchase and New Construction sector.  So a so so year for real estate.  I think prices will remain about the same.  As usual, there will be certain areas of the country that will do better than other areas.  New well paying jobs will be a big part of that.

So, HAPPY NEW YEAR!

Posted January 3, 2014

If any questions or comments,
I can be reached at (970) 250-8613 or (970) 257-1502

Dependable Mortgage Co.

Rhonda Sherman, Owner
License #100008357  NMLS #381084
145 Grand Avenue, Suite B
Grand Junction, CO  81501
Web site: Dependable Mortgage Co.

Regulated by the Division of Real Estate
An Equal Housing Lender

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