Jeff White, Western Colorado manager of Wells Fargo Home Mortgage, spoke to our company last week. He said the Grand Junction offices had their biggest year ever in 2009. However, the percentage of purchase loans was one of the lowest ever, so the refinancing was the bulk of the business. They are budgeting for a 25% increase in purchase loans for Western Colorado for 2010. And they are predicting that when the government stops artificially keeping interest rates low, that they will start to climb significantly, to as much as 6 3/8 by year’s end. - Christi Reece