|
Hello,
Two major mortgage changes are on the horizon, and even if you’re not planning to move anytime soon, they could bring a wave of competition into the Colorado Springs housing market.
✅50-year mortgages may soon lower monthly payments by as much as 12%, giving buyers more room to qualify.
✅Fannie Mae is removing the 620 credit score minimum, opening the door for thousands of new buyers to enter the market.
✅Interest rates are easing, improving affordability at just the right time.
Why does this matter for Colorado Springs homeowners?
More buyers + increased affordability often lead to rising home values—and based on what we’re seeing, an 8–12% increase isn’t out of the question as these changes roll out.
Even if you’re happily staying put, staying informed helps you:
• Understand how your home’s value is trending
• Keep an eye on broader market shifts in case life changes
• Share accurate, local insight when a friend, colleague, or neighbor mentions real estate questions
And as always—if someone you know is thinking about buying or selling in Colorado Springs, I’m here as a resource. I’m happy to run numbers, answer questions, or offer guidance with zero pressure attached.
👉 Feel free to pass my number along: 📲 719-351-1326
|