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And as El Paso home values rose, foreclosures plummeted 17% last year.FNC’s Residential Price Index (RPI) was used to calculate the rankings. The FNC RPI is supported by appraisal data from public.
Mortgage rates are decreasing and are projected to continue on that path. Loan officers and real estate agents in El Paso tell KTSM more people who previously didn’t qualify to buy a home can now qualify because of the lower mortgage rates. However they wanna make sure buyers always take into consideration paying property taxes.
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The El Paso County, Colorado "Turnkey" Mortgage Program provides a competitive 30-year fixed-rate mortgage with a down payment assistance (DPA) grant equal to 4% of the mortgage amount to qualifying low and moderate income homebuyer families throughout El Paso County, including the City of Colorado Springs.