Low interest rates mean boom times for mortgage companies

Lower interest rates keeping mortgage companies busy

David Vindiola of MVM Mortgage Group, 321 Rood Ave., works on refinancing the mortage on an investment property belonging to Alicia Herring of Glenwood Springs.



FRI BIZ MORTGAGE V 011609

David Vindiola of MVM Mortgage Group, 321 Rood Ave., works on refinancing the mortage on an investment property belonging to Alicia Herring of Glenwood Springs.

A run to refinance is going on. Mortgage interest rates have hit astounding lows three times since mid-December, with rates in the 4 and 5 percent ranges. As a result, some local mortgage…




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