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Stapleton lies just 10 minutes from downtown Denver and has been featured in the 5280 Magazine as one of Denver's Top Neighborhoods. With over 1000 acres of parks and open space, Stapleton residents enjoy all that Colorado outdoor living has to offer. Based on the New Urbanist design, residents enjoy a pedestrian friendly neighborhood, where one can walk to shops, restaurants, grocers, schools and choose from a variety of home prices. Request our Free Denver, Stapleton and Park Hill Relocation Package. It's packed full of useful and important information about the Denver, Stapleton and Park Hill, Colorado area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... It's our job to know EVERYTHING about Denver, Stapleton and Park Hill! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly... 
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Interest Rates >Locking in Loan Rates
It is important for both new homebuyers and homeowners who want to refinance to understand how to lock in an interest rate when applying for a mortgage loan. Understanding how rate locks work prepares you to evaluate your options.
While you are in the process of applying for your mortgage loan, interest rates will most likely fluctuate from day to day and week to week. If you want assurance that the wonderfully low interest rate on your loan will not increase while you are waiting for loan approval, ask for a rate lock. A conventional rate lock is a guarantee from the lender that your mortgage will carry a particular interest rate, with specific, predetermined points and fees.
The interest rate is "locked in" for a specified period of time, usually thirty days. When you call a lender for a rate quote, ask how long that rate will last for. If you think you might need more than thirty days to complete your home purchase or refinance, tell your lender how many days you will require, and they will give you an adjusted rate quote.
Rate locks are especially useful if interest rates are on the upswing, and you are concerned about ending up with higher monthly payments. If you cannot afford the risk of a further interest rate increase, lock in your loan rate now.
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| Q |
What famous American sign was originally erected as a real estate ad?
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| A |
The Hollywood sign, built in 1923, was conceived as a real estate ad that originally read, "Hollywoodland." |
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