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 … [Read more...]
Buy or Rent: Which Makes More Sense Financially?
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 … [Read more...]
Lending Standards: Are They Actually Loosening?
In a recent story on MSN Money titled, Mortgage Borrowing Is Getting Easier, it was revealed that: “Credit is not raining down on would-be borrowers, but it will be a bit more accessible this year.” The article bases it findings on the Federal … [Read more...]
3 Financial Reasons to Buy a Home NOW! (Part III)
This week, we are going to look at the three financial reasons to buy a home now instead of waiting: prices are rising, interest rates are increasing and rents are skyrocketing. – The KCM Crew Part III – Rents Are Skyrocketing Whether you own or … [Read more...]
3 Financial Reasons to Buy a Home NOW! (Part II)
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 … [Read more...]
Real Estate: If You Waited to Sell, You May Be Brilliant
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 … [Read more...]
