Category Archives: Mortgage

Here are 5 Reasons for Low Homeownership Rate

Keeping homeownership near 50-year low June 9, 2017, Kelsey Ramírez, HousingWire.com The job market continues to show improvement, and interest rates remain historically low, yet the homeownership rate in the U.S. remains near a 50-year low. The National Association of Realtors … Continue reading

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4 Reasons to Buy This Summer!

KCM Crew, June 13th, 2017 Here are four great reasons to consider buying a home today, instead of waiting. 1. Prices Will Continue to RiseCoreLogic’s latest Home Price Index reports that home prices have appreciated by 7.1% over the last … Continue reading

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Mortgage Rates Again Hit New Low for 2017

But 5-year ARM increases June 1, 2017, Kelsey Ramírez, HousingWire.com Mortgage rates hit a new low in 2017 for the second consecutive week even as the rate for five-year adjustable-rate mortgages increased. “The 30-year mortgage rate remained relatively flat, falling one basis point … Continue reading

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Mortgage Rates Now Sit at Lowest Level in 2017

30-year mortgage rate falls below 4% May 25, 2017, Brena Swanson, HousingWire.com As forecasted, mortgage rates continued to drop in the latest Freddie Mac Primary Mortgage Market Survey. And not only did rates drop, but they now sit at their lowest … Continue reading

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Household Debt Reaches Recession-Level Highs

DSNews.com, May 20th, 2017 On Wednesday, the New York Federal Reserve released its Q1 report on household debt and credit. According to the report, total household debt totaled $12.73 trillion in Q1 2017. This means that household debt has finally … Continue reading

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3 Reasons the Housing Market is NOT in a Bubble

KCM Crew, May 14th, 2017 With housing prices appreciating at levels that far exceed historical norms, some are fearful that the market is heading for another bubble. To alleviate that fear, we just need to look back at the reasons … Continue reading

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What You Need to Know About Qualifying for a Mortgage

KCM Crew, May 13th, 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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