Near Historic Lows for 30 year mortgage rates

Near Historic Lows for 30 year mortgage rates

Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.25 percent, down from 3.31 percent at this same time last week. This represents the lowest rate since Jan. 15. The 30-year fixed mortgage rate hovered between 3.33 and 3.28 percent for the majority of the week before dropping to the current rate this morning. “Mortgage rates saw little movement this week and continue to hover near historic lows,” said Erin Lantz, director of Zillow Mortgage Marketplace. “This coming week, we expect rates to remain unchanged unless Wednesday’s Federal Open Market Committee statement or Friday’s unemployment report offer unexpected news.” Additionally, the 15-year fixed mortgage rate this morning was 2.49 percent, and for 5/1 ARMs, the rate was 2.24 percent. Original article here.  ...

Live-Work Space in the Golden Triangle

128 W 11th Avenue 128 W 11th Avenue, Denver, CO 80204 Price: $264,000 Building Size: 1,580 SF Price/SF: $167.09 Property Type: Office Property Sub-type: Office Building Additional Sub-types: Street Retail Property Use Type: Vacant/Owner-User   Last Updated  10 days agoListing ID  17932845  Data shared from Loopnet, not our listing. Listed by Tom Monks. Contact us today to schedule a showing!  720-432-5595 or email us. Description Great office, retail or LIVE/WORK condo located at 11th and Bannock in Golden Triangle, just 1 ½ blocks west of Broadway. Remodeled restrooms, flooring, kitchen and 95% efficient heating and cooling system. This corner unit has great finishes and lots of light. Kitchen, ½ restroom, work area on 1st level and two offices, restroom with shower on second floor. One parking space in rear. Past uses have included office, retail and residential. 1,280 SF plus 300 SF 1/2 basement for 1,580 total. MUST SEE!! Located close to 11th Avenue and Bannock, 1 and 1/2 blocks from Broadway. Located in the Golden Triangle 5 blocks south of downtown...

How does a Septic System Work?

Private Treatment: The Septic Tank In rural areas where houses are spaced so far apart that a sewer system would be too expensive to install, people install their own, private sewage treatment plants. These are called septic tanks. A septic tank is simply a big concrete or steel tank that is buried in the yard. The tank might hold 1,000 gallons (4,000 liters) of water. Wastewater flows into the tank at one end and leaves the tank at the other. The tank looks something like this in cross-section:     In this picture, you can see three layers. Anything that floats rises to the top and forms a layer known as the scum layer. Anything heavier than water sinks to form the sludge layer. In the middle is a fairly clear water layer. This body of water contains bacteria and chemicals like nitrogen and phosphorous that act as fertilizers, but it is largely free of solids. Wastewater comes into the septic tank from the sewer pipes in the house, as shown here:     A septic tank naturally produces gases (caused by bacteria breaking down the organic material in the wastewater), and these gases don’t smell good. Sinks therefore have loops of pipe called P-traps that hold water in the lower loop and block the gases from flowing back into the house. The gases flow up a vent pipe instead — if you look at the roof of any house, you will see one or more vent pipes poking through. As new water enters the tank, it displaces the water that’s already there. This water flows out of the septic tank and into a drain...

Denver Water Quality

Following is a report published by Denver Water with regard to the water quality in Denver, Colorado. 2012WaterQualityReport