All Seasons Blog

Paid-off Home Loans Decline Over Last Quarter

Michele Free - Wednesday, February 19, 2014

from Colorado Springs Business Journal | by Marija B. Vader | February 20, 2014


The number of home loans paid off in Colorado was down 28.2 percent from the fourth quarter of 2012 to the fourth quarter of 2013, but comparing the full year of 2013 to 2012, the total was up 13 percent.
According to a report released Wednesday by the Colorado Division of Housing, public trustees in Colorado released a total of 62,312 deeds of trust during the fourth quarter of 2013, compared to 86,816 released during the fourth quarter of 2012.
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