How Mortgage Handcuffs Are Affecting Colorado Homeowners and the Housing Market

How Mortgage Handcuffs Are Affecting Colorado Colorado homeowners who secured low mortgage rates of 2-3% during 2020-2021 now face significant financial barriers to moving or refinancing, with current rates around 7-9%. This "mortgage handcuff" or "golden handcuffs mortgage" effect has frozen market turnover and reduced [...]

2025-02-16T18:11:09+00:00February 14, 2025|Buying, COVID, Financing, Real Estate Trends, Selling|

Affect of Coronavirus on Real Estate

The Affects of Coronavirus on Real Estate There’s not one person or business in the country who hasn’t been affected by the global coronavirus pandemic. The pandemic has turned entire industries on their heads and brought others to a grinding halt – and real estate is not immune. [...]

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