Ask the better question: “Is this the lowest rate I will ever get?”
“Can I comfortably afford the home, negotiate favorable terms and create a plan to refinance later if rates improve?”
Note that you cannot renegotiate yesterday’s purchase price after closing. But in many cases, you may be able to refinance an existing mortgage if market rates decline and refinancing provides a meaningful financial benefit.
Before pausing your home search, request a personalized payment and purchase analysis. We can compare several combinations of:
Purchase price Down payment - w/o assistance Seller concessions Closing-cost credits Temporary buydowns Permanent rate buydowns Different loan programs
Let’s run the numbers before you decide to wait. A 15-minute strategy conversation may reveal options that the advertised interest rate alone does not show.
Mortgage rates, payments and qualification requirements vary by borrower, property, loan program and market conditions. This information is educational and is not a commitment to lend.
Please make the call or text or book the appointment.
About the author — I'm Everald L. Johnson, a Colorado mortgage broker with Johnson Home Loans and Financial Services, LLC (NMLS #2443040), powered by Zero Point Mortgage Services. I work with buyers, homeowners and investors across Denver, Aurora, Colorado Springs, Parker, Lone Tree, Castle Rock, Highlands Ranch, Centennial, Littleton and the wider Front Range. Call or text (774) 297-8312 and we'll run your actual numbers together.
Frequently asked questions
- Is this the lowest rate I will ever get?
- No one can promise that. The better question is whether the terms and total cost work for your Colorado purchase today, with a documented plan if rates improve.
- What terms besides rate matter?
- Seller concessions, buydowns, closing costs, loan program and lock period all move your payment and cash to close.
- How do I start?
- Call or text Everald at (774) 297-8312 for a 30 to 45 minute call and we will compare your options.
This article is for informational purposes and is not an offer to lend or a commitment to make a loan. All loans subject to underwriting approval, program guidelines, and appraisal. Equal Housing Opportunity.