Interest Rates

Mortgage Rates Projected to Increase

May 22, 2013

The Mortgage Bankers Association, Fannie Mae and the National Association of Realtors have all projected that the 30-year mortgage rate will be at least 4% by the end of 2013. If we assume that rates will still be at 4% in twelve months, here is the difference a buyer will pay if they wait. Tweet

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Buy or Rent: Which Makes More Sense Financially?

May 13, 2013

Every potential home buyer has to stop for at least a moment and consider this question. Today, we want to look at one of the many financial reasons to buy instead of rent: the housing expense moving forward. According to the latest Existing Home Sales Report from the National Association of Realtors, the median sales [...]

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Should Your Buyers Increase Their Offer?

March 28, 2013

Limited inventory and a very strong demand for housing has created an environment where bidding wars are commonplace in today’s real estate market. Homes priced properly are getting multiple offers within a short time of coming to market. This brings about a dilemma for the agent: How should they advise their client who is about [...]

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3 Financial Reasons to Buy a Home NOW! (Part II)

March 26, 2013

This week, we are going to look at the three financial reasons to buy a home now instead of waiting: prices are rising at an accelerated rate, interest rates are increasing and rents are skyrocketing. – The KCM Crew Part II – Interest Rates Are Increasing A big component in the cost of a home [...]

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Real Estate: If You Waited to Sell, You May Be Brilliant

March 12, 2013

Many homeowners look back on 2006 house values and wonder why they didn’t sell at the height of the market. They lament the money they may have lost by not selling. However, there is another side to that story. If they did sell back in 2006, they would have still needed to live somewhere. Looking [...]

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