ReNee Charles - Compass Real Estate

Interest rates, simplified. ✅

An interest rate is the “price” a lender charges a borrower for a loan. Just like a pair of jeans at your favorite store, every loan has a price tag. That price tag is the interest rate. But instead of dollars and cents, the price of borrowing a sum of money is a percentage of the total amount borrowed.

Interest rates rise and fall daily based on loan type (rates are typically lower for shorter-term loans), what the Feds are doing (the U.S. central bank), and, yes, inflation.

Want to run the numbers to see what you could afford this January, or have other questions about buying or selling? DM me! I'd love to hear from you.

OPEN HOUSE
This Saturday 8/27th from 11am - 2pm & Sunday 8/28 from 12pm - 2pm. Come check it out!

5601 S Sicily Cir, Aurora, CO 80015 | 8z Real Estate You will fall in love with this charming ranch-style home the minute you walk in the door! If you have been looking for one-level living, this is the one! This home has been lovingly cared for by 1 owner. The open floor plan includes a large kitchen with plenty of cabinet space for storage. The kitc...