your road home enews

It may seem difficult to think about saving money around the holidays. From gifts to gatherings, the costs can add up. But there are ways you can still enjoy the holidays without overspending and going into debt.

We are starting to see the impact of the Federal Reserve’s first cut of its federal funds rate in more than four years last month. It cut the rate by half a percentage point.

There are many financial goals to strive for throughout life and one of the most impactful is building generational wealth. This is the ability to pass down your assets to a member of your family, so they may have greater opportunity for financial stability and possibly continue the cycle for the next generation.

When you buy a home, one of the most anticipated upfront costs is the down payment. Many believe they need to put 10 to 20 percent down, but that is not always the case with many assistance options available.

As a first-time homebuyer, it may be best to focus on your “needs” versus your “wants.” Answer the questions below to figure out what’s most important on your house-hunting list:

Be prepared and knowledgeable by learning how to navigate the many steps in the process, including creating a budget, understanding your credit score, finding a lender, and the loan process.

Will 2024 be the year you buy a home? Perhaps you’ve been contemplating it, weighing the pros and cons, and considering the true costs of homeownership.

Opendoor surveyed an estimated 1,000 first-time homebuyers nationwide who purchased their first home between January 2023 and December 2023 for their 2024 First-time Homebuyer Survey.

In the report, learn how CHFA invested $2.7 billion to support affordable housing and community development in 2023. Highlights include how CHFA increased community engagement, strengthened programs, surpassed several organizational records, and was proud to assist Coloradans by:

Did you know there is a difference between a mortgage lender and a mortgage servicer? A mortgage lender is a financial or other institution that lends money to borrowers to buy, build, renovate, or refinance a property.

New year, new goals! Do your New Year’s resolutions include becoming a homeowner? If so, plan to take a free, CHFA-sponsored homebuyer education class. This will help you feel knowledgeable and prepared for the journey ahead.

With rumors swirling that the Fed may continue to drop interest rates in 2024, you may be considering purchasing a home. Below are some ways you can prepare early to ensure a successful homebuying journey.

Developing habits of good money management can pay off—and they’re especially important to keep in mind during the holidays. Consider the following five tips to save and manage your finances wisely.

We are interested in your experiences using the CHFA website. We would like to invite you to participate in an anonymous survey to help us ensure that chfainfo.com is user-friendly, up-to-date, and meets your needs.

Would you like some assistance with learning ways to manage your finances, save money, or build your credit? These are just a few areas in which anyone may gain more knowledge, especially when preparing to buy a home.

Homeownership is possible, especially if you build the right team. Below is a suggested list of team members:1. You! -As the “team captain,” you get to choose your team of homebuying experts—the right team will help you make informed decisions, helping you feel more confident and comfortable as you move forward.

Since April 2022, Colorado’s real estate market has cooled—what does that mean? Home prices have trended slightly downward and while there is not necessarily more inventory available, there are less buyers due to rising interest rates.

If you are in the market to buy a home, you’re probably aware that the U.S. economy is experiencing high inflation right now, and that to control inflation, the Federal Reserve has been raising short-term interest rates since mid-2022.

The best time to take a homebuyer education class is when you are starting to consider buying a home. Be prepared and knowledgeable by learning how to...

There’s optimism blooming on the homebuying horizon: after a couple years of fast-paced home sales in Denver and Colorado, the real estate industry is calming down a bit.