Refi’s up 82%
March 26, 2008 by Bob Schenkenberger · 1 Comment
The Mortgage Bankers Association (MBA) reported today, that total mortgage applications spiked 48% last week following the Federal Reserve’s move to cut short term interest. The index that tracks refinance application actually went up 82.2%, while purchase loans were up 10.6% What I’d like to know is what percent are FHA loans. The reason for this [...]
Frozen Four
March 14, 2008 by Bob Schenkenberger · 2 Comments
March Madness is upon us, but I wanted to write about another college sport, HOCKEY! April 10th-April 12th, the College Hockey World will collide in Denver, for this years Frozen Four, College Hockey’s Division one Championship! Colorado is actually a hotbed for College Hockey. The University of Denver Pioneers, are currently ranked #8 in the country, and are the 2004 & [...]
SKYDIVING…Indoors!
March 12, 2008 by Bob Schenkenberger · Leave a Comment
In Lonetree, just south of Park Meadow Mall is a great place called Skyventure. Skyventure is a Vertical Wind Tunnel, that generates wind speeds of over 160 mph, in a controlled environment. The wind allows anyone to actually “FLY” (all while being within arms reach of a trained instructor!) No experience is necessary, as they [...]
What does my Lender want from Me?
March 10, 2008 by Bob Schenkenberger · 1 Comment
A Mortgage lender looks for your overall financial picture. The main items of importance are current employment status, current income, and your ability to manage credit, as well as the amount and availability of a down payment. In most cases the most recent two-year period of time is used as the primary focus on your [...]
6180 E. Yale Ave. Denver, CO 80222
March 7, 2008 by Bob Schenkenberger · Leave a Comment
3 Bedrooms 4 Baths 3006 Finished Sq. Ft. Built in 1996 Super Location! Minutes to the Denver Tech Center or Downtown! Walk to Lightrail, shopping, parks, biking trails, and more. Main Floor Master Suite, 2 additional bedrooms, plus loft! Lot’s of extra space in awesome finished basement. This is a great end unit townhome! For [...]
FHA Increases Loan Limits
March 6, 2008 by Bob Schenkenberger · Leave a Comment
Just released; As of March 5, 2008, the Federal Housing Administration and HUD, have Increased the loan limits for FHA insured loans. In Denver and most of the surrounding counties the limit has increased to $406,250 for a single family residence. This increase should ease some of the pressure felt on the mortgage market. For [...]
South Suburban Parks & Recreation
February 27, 2008 by Bob Schenkenberger · Leave a Comment
The South Suburban Parks & Recreation District is one of the premier recreational districts in the State of Colorado. Established for almost 50 years, it serves approximately 140,000 residents of Denver’s southern suburbs. Click here for a map of the District. The district is primarily in Arapahoe County and features 1000′s of programs for both [...]