Unlock Your New Home In Longmont Today!
Robert Castle is a seasoned mortgage professional affiliated with Commerce Mortgage in Fort Collins, Colorado. With over 15 years of experience in mortgage origination and more than 20 years in the real estate industry, he is well-equipped to assist clients in Longmont and throughout Colorado. Castle is licensed and bonded in the state of Colorado and has built a reputation for providing personalized mortgage solutions tailored to individual needs. His business thrives primarily through referrals, reflecting the trust and satisfaction of his clients. Whether you’re a first-time homebuyer or looking to refinance, Robert Castle is dedicated to guiding you through the mortgage process with expertise and integrity.
Longmont Loan Information
The housing market in Longmont, Colorado, as of mid-2025, presents a balanced environment for both buyers and sellers. The median home price in Longmont is approximately $576,975, reflecting a slight decrease of 0.5% from the previous year. Homes in the area typically sell after about 80 days on the market, indicating a stable market pace. Notably, 50.6% of homes sold in February 2025 went for less than the asking price, suggesting opportunities for buyers to negotiate favorable deals. Mortgage rates in 2025 are projected to remain elevated, with expectations of staying above 6%. This trend is influenced by the Federal Reserve’s cautious approach to rate cuts, aiming to manage inflation. For prospective homebuyers, this means higher monthly payments compared to previous years. However, the Longmont market’s relative affordability compared to neighboring cities like Boulder and Denver may still make it an attractive option for buyers. For those seeking mortgage financing in Longmont, local lenders offer a range of loan programs tailored to the area’s market conditions. It’s advisable for potential buyers to consult with mortgage professionals to explore suitable loan options and navigate the current market dynamics effectively.