Rate shoppers caught another break last week as Denver mortgage markets improved on weak jobs data. The May Non-Farm Payrolls report fell well short of expectations while ongoing jobless claims rose. The two combined to cast doubt on the speed of the U.S. economic recovery, hurting stocks and he
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06/07/2010
The Consumer Confidence Index is rising, a potentially double-edged sword for residents of Denver and for Americans, in general. According to The Conference Board, economic confidence is as high as it's been since August 2007 -- 4 months before the start of the recession. Americans are optimisti
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06/02/2010
Denver Mortgage markets worsened last week as concerned of a global debt crisis lessened and stock markets rebounded. The gains in stocks came at the expense of bonds -- including mortgage bonds. Conforming and FHA Denver mortgage rates rose in Colorado for the first time in 5 weeks, pulling mor
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06/01/2010