Mortgage rates continued to inch lower in the last week and set a new record low with the 30-year mortgage at 3.5%.  The question as we enter 2013 is will mortgage rates go up again soon?   Analysts expect that the 30-year fixed mortgage rate will go up to an average of 4.1% in 2013 and 4.5% in 2014.  However, these rates are still at all-time low levels in the past 20+ years.  The slight increase is not expected to have much, if any, impact on housing starts or home sales.  

Denver Home Mortgage Rates Effective January 9, 2013