What is the Average Denver Mortgage Rate?
For any Denver residents who are seeking answers in terms of their mortgage rate, it is important to know that the vast majority of people in the Denver area are paying significantly higher interest rates than they actually need to be. As a result, it is very important to know your local average mortgage rate and compare your specific terms accordingly. The average Denver mortgage rate is 4.2%, with an annual percentage rate of just under 4.5%. Although specific cases may vary drastically according to the value of the mortgage, the average monthly payment for Denver mortgages is roughly $1,430 per month.
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