Aspen Mortgage

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Aspen Mortgage
Aspen Mortgage is listed in the Mortgages category in American Fork, Utah. Displayed below is the only current social network for Aspen Mortgage which at this time includes a Facebook page. The activity and popularity of Aspen Mortgage on this social network gives it a ZapScore of 60.

Contact information for Aspen Mortgage is:
250 W Main St
American Fork, UT 84003
(801) 756-7434

"Aspen Mortgage" - Social Networks

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Aspen Mortgage has an overall ZapScore of 60. This means that Aspen Mortgage has a higher ZapScore than 60% of all businesses on Zappenin. For reference, the median ZapScore for a business in American Fork, Utah is 43 and in the Mortgages category is 34. Learn more about ZapScore.

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Social Posts for Aspen Mortgage

Wondering what the housing market will do this year. Here is a projection from the American Enterprise Institute. Four housing predictions for 2018 from the AEI center on Housing Markets and Finance 1. The historically tight supply of single-family homes will tighten further in 2018 after hitting a record low in November 2017: on December 21, 2017 the National Association of Realtors (NAR) announced that November 2017 remaining inventory of existing homes for sale hit a record low of 3.4 months--eclipsing the prior record of 3.5 months reached in both January 2005 and January 2017. Expect new lows to be recorded for December 2017 and January 2018. January is projected to come in at around 3 months. This tight supply trend has been going on for 5+ years. 2. The national home price boom that began in mid-2012, will continue, and given the unprecedented low levels of inventory, will even accelerate further: expect year over year increases of 6.25% -6.75%, up from about 6%-6.5% in 2017. The substantial reduction in the utilization of the mortgage interest deduction and commensurate reduction in subsidies, will somewhat reduce upward pressure on home prices. Without the tax act, the prediction for 2018 home price increase would have been even higher: 6.75%-7.25%. 3. First-time buyers (FTB) will face even higher home price gains for entry level homes. Expect year-over-year gains for the bottom third of homes to come in at 10.5% to 11% for 2018 (December 2018 over December 2017 based on 16 tiered HPI from CoreLogic Case Shiller). At current levels of wage growth, this boom in entry level home prices is ultimately unsustainable. 4. First-time buyers (FTB) will continue take on even more leverage in an effort to keep up with the out-sized home price gains on entry level homes. The AEI First-Time Buyer National Mortgage Risk Index is expected to rise to 17.1% for September 2018 agency originations, up from to 16.4% for September 2017. Risk scores above 12% have a high risk of default under severe economic stress. If you are even considering purchasing a new home don't wait. Now is the time before interest rates and home prices go up. Interest rates are already going up and will continue to rise through the coming year. Today's home prices may seen high but come spring they will seem like bargains prices. Aspen Mortgage 801-360-0882 308 W. Main St. Lehi, Utah



We are opening an office in Lehi! We will be located at 308 W. Main St. starting Oct. 1st. Celebrating our 25 year in business. www.aspenmtg.com

Now when you refinance you don't have to reset your payments over 30 years. You can choose your loan term or a refinance or purchase.