Saturday, November 10, 2007



What is it going to take to get mortgage rates down? I had kind of hoped (naively) that the most recent rate cuts would begin to trickle into the mortgage market. Even with the stock market tanking this week (will it get back into the 12's before this is over?), we are still at 6.25%, which is great rate, but is the same as we were looking at before the Fed ever did anything. Home prices make this is a great time to buy. Maybe it will get even better?

Today's Pikes Peak photo is from a listing we had a few years back in the Vista Grande area. It was May, and there was still some snow hanging around on the top.

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