Category Archives: Financing

Mortgage Rates Slip After 2 Weeks of Increases

10-year Treasury falls 6 basis points October 19, 2017, Kelsey Ramírez, HousingWire.com Mortgage rates fell for the first time in two weeks, falling further away from the 4% mark, according to Freddie Mac’s Primary Mortgage Market Survey. “Rates came down slightly this week, … Continue reading

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The Cost of Renting vs. Buying a Home

KCM Crew, October 21st, 2017 Some Highlights: Historically, the choice between renting or buying a home has been a tough decision. Looking at the percentage of income needed to rent a median-priced home today (29.2%) vs. the percentage needed to buy a … Continue reading

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Mortgage Rates Increase for Second Consecutive Week

Once again nearing 4% mark October 12, 2017, Kelsey Ramírez, HousingWire.com Mortgage rates increased once again, edging closer to the psychologically important 4% mark, according to Freddie Mac’s latest Primary Mortgage Market Survey. “The 30-year mortgage rate increased for a second consecutive week, … Continue reading

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Consumer Confidence Increasing?

DSNews.com, October 10th, 2017 On Monday, Fannie Mae’s Home Purchase Sentiment Index (HPSI), which highlights consumers’ current views and forward-looking expectations of housing market conditions, was released. The index revealed an increase in September by 0.3 points to 88.3—up 5.5 points compared to last … Continue reading

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No ….. You Do Not Need 20% Down to Buy NOW!!!!

KCM Crew, October 9th, 2017 The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still somewhat confused about what is required to qualify for a home mortgage loan in today’s housing market. The results of … Continue reading

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Boomers Won’t Own their Home Free and Clear before Retirement

Lagging previous generations in outright homeownership October 6, 2017, Kelsey Ramírez, HousingWire.com While outright homeownership increased among Baby Boomers after the last recession, they still lag previous generations, and may never catch up, according to the Fannie MaeEconomic and Strategic Research Group’s … Continue reading

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The Mortgage Process: What You Need to Know

KCM Crew, October 7th, 2017 Some Highlights: Many buyers are purchasing a home with a down payment as little as 3%. You may already qualify for a loan, even if you don’t have perfect credit. Take advantage of the knowledge … Continue reading

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