Colorado Mortgage Rates
Current Colorado Mortgage Rates
30 yr fixed 4.5%/4.67% APR
15 yr fixed 4.25%/4.59% APR
“Rates are subject to change without notice”
Interested in Current Colorado Mortgage Rates? Submit form at the bottom of this page!
Colorado Mortgage Rates Change
Colorado Mortgage rates often will fluctuate and Colorado Home Buyers need to be aware a Colorado Mortgage rate can change at anytime. The single most important thing your Lender can do for you is lock you in the best Colorado mortgage rate in the early stages of your home loan process.
Securing your Colorado home loan will often depend on the current Colorado Mortgage rates and then a Colorado Lender will “lock your rate” for you. We have no control over the current Colorado Mortgage rate and this is mainly influenced by several different factors. The interest rate market is subject to constant swings without any notice. Locking a rate will protect the homebuyer from the time your lock is confirmed to the day that your lock period will expire.
Please note that we cannot be held responsible for any Colorado Mortgage rates that may change prior to our written confirmation.
Lock-in 
A lock is an agreement by BOTH PARTIES- you, the borrower, and the lender. It specifies the number of days for which a loan’s interest rate and points will be guaranteed by the lender. Should interest rates rise and you have met all of your conditions the lender is then obligated to honor the rate that they have locked by contract. Should interest rates decrease, the lock must still be honored by the borrower.
When Should I Lock?
You can lock a rate once your application information has been reviewed. In some cases, your application will provide all the information needed and you will have the option to lock at the time when you apply. In most cases, you will be asked to lock your Colorado Mortgage Rate after you have turned in your package and your documents and credit history has been reviewed.
We recognize that you may not be available to request a lock during this time period; if so, please contact your Loan Agent for assistance. We are working with all of our lending partners to extend the lock-in period, and appreciate your understanding.
Lock Periods
A Lock-in time line can be from 10 days up to 6 months. You will pay more costs to lock a Colorado Mortgage Rate for any extended periods of time.
Lock Confirmation
Until it is confirmed in writing that your Colorado Mortgage rate is locked and has been accepted by one of our lenders, your loan is not officially locked in. When you request a lock, we contact our lending partners and secure the lock on our clients behalf.
