On the Market: App helps you calculate if the time's right to refinance

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On the Market

Tom Ross' On the Market column appears Sundays in the Real Estate section of the Steamboat Pilot & Today. Contact him at 871-4205 or e-mail tross@SteamboatToday.com.

Steamboat Homefinder

Visit SteamboatHomefinder.com for more real estate news.

Wondering if the time is right to refinance your mortgage? Now there’s an app that allows you to do the calculation every time the rates dip.

The Wolfram Mortgage Calculator Reference app provides basic and advanced options for fixed- and adjustable-rate mortgages and bonus features to assist you with your home-buying decision. It features adjustable-rate mortgage calculators for 1-, 3-, 5- and 7-year periods and various rate-cap structures; a depreciation calculator for investment property depreciation; and bonus information on housing prices, utility prices and current interest rates.

Powered by Wolfram Alpha, the Mortgage Calculator Reference app is optimized for the iPhone, iPod touch and iPad and is available as a universal app for $1.99 in the iTunes Store.

Construction under way for Boulder Ridge spec house

A building permit has been pulled and foundation construction is under way on a second spec home in Boulder Ridge by partners David Josfan and Jon Peddie.

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