Welcome to Pagosa Springs! You finally made the move! Congratulations on the condo you purchased. It is very cozy. I hope you enjoy it and look forward to seeing you around town! Thank you for allowing NextHome to assist you with such an important investment.
CONGRATULATIONS MAUREEN ARNOLD!
Maureen, you are off on a new adventure! Congratulations on the closing of your home sale in Pagosa Springs, CO. Enjoy moving closer to family. You will be missed!
The Misleading Math Behind the Rent vs. Buy Calculation
“While studies simulating the financial returns to owning and renting find that renting is often more likely to be beneficial, in practice renters rarely accumulate any wealth. In no small part this seems traceable to the difficulties households face in trying to save absent either a clear goal or an automatic savings mechanism.”
http://www.realtor.com/news/trends/misleading-math-rent-vs-buy/?iid=rdc_news_hp_carousel_theLatest
COLORADO MORTGAGE RATES
Colorado Mortgage Rates Averages
PRODUCT | RATE | CHANGE |
---|---|---|
30 YEAR FIXED | 3.89% | +0.01 |
20 YEAR FIXED | 3.61% | -0.05 |
15 YEAR FIXED | 3.08% | +0.00 |
7/1 ARM | 3.19% | +0.05 |
5/1 ARM | 2.95% | +0.05 |
3/1 ARM | 2.83% | -0.05 |
Last updated: 2/18/2017