Aug 7 2017 40676 1

Dated: 08/07/2017

Views: 453

Good morning fellow Denverites!

It's a rather soggy day here in the Mile-Hi City, but don't let that, interest rate increases, or inflation stop you from looking for your dream home or perhaps an investment property. Speaking of interest rates and inflation, it appears inflation has turned into a "conundrum" for the federal reserve board as officials have been expecting an uptick of the inflation rate as the economy improves, but it isn't happening. According to the Wall Street Journal, consumer prices and spending have been flat and the annual rate of inflation has remained well below the Federal Reserve's 2% target, creating a potential caution flag as the central bank considers interest rate increases later this year.  Good news if you're sidelined with credit card debt, however, what the Feds do to the interest rate that banks charge each other typically has no bearing on mortgage interest rates.  Fortunately, mortgage interest rates remain close to all time lows, so it's still an awesome to get into home ownership.  Here at Ion Real Estate we provide some of the best and most accurate property listings along the front range and work with fabulous, qualified lenders to help get you into that home. Check out my website at www.stevestein@ioncoloradorealestate.com and see all that it offers to help you find that home or property you're looking for! Or contact me directly at 720-353-9000 or steve.steinm@gmail.com.

Blessings to All!

Steve

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Steve Stein

Steve is originally a midwesterner, growing up in Iowa and Wisconsin, but has now lived in the Denver metro area for over the past 23 years. Steve has bought and sold numerous homes and has resided i....

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