Comment on Colorado borrowers sport the biggest mortgage “handcuffs” in the country

Colorado borrowers sport the biggest mortgage “handcuffs” in the country

Nowhere does a bigger gap exist between the average mortgage rate borrowers are holding and what the market is charging than in Colorado, and that could create a bigger disincentive to sell, according to a study from U.S. News & World Report. The mortgage rate lock-in gap, also known as the “golden handcuffs,” is 3.45 points in Colorado, the largest of any state.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News