Monthly Archives: May 2013

Mortgage rates are highest in a year

We have been saying it for quite a while now! Interest rates have started to rise and are expected to continue to rise! Timing is everything! Are you costing yourself by waiting? By Les Christie @CNNMoney May 30, 2013: 10:32 AM ET … Continue reading

Posted in Banks, Business, Economy, Fannie Mae, FHA, Finance, First Time Buyers, Fixed Rate Mortgage, Foreclosure, Foreclosure Crisis, Freddie Mac, Home, Housing, HUD, Money, mortgage, Mortgage, Mortgage Bankers, Mortgage Bankers Association, National Association of Realtors, News, Real Estate, Real Estate Professional, Realtors, Refinance, U.S. Home, U.S. House, U.S. Housing, Uncategorized | Leave a comment

Sellers Calling the Shots on Home Deals

The market has definitely shifted! With such a small supply of inventory and such incredible demand for housing SELLERS are back in the driver’s seat! If you’ve been holding onto your current home longer than you had planned on, now … Continue reading

Posted in Banks, Business, Economy, Fannie Mae, FHA, Finance, First Time Buyers, Fixed Rate Mortgage, Foreclosure, Foreclosure Crisis, Freddie Mac, Home, Housing, HUD, Money, mortgage, Mortgage, Mortgage Bankers, Mortgage Bankers Association, National Association of Realtors, News, Real Estate, Real Estate Professional, Realtors, Refinance, U.S. Home, U.S. House, U.S. Housing, Uncategorized | Leave a comment

REO Sales at Five-Year Low

Foreclosure inventory is almost non-existent! Foreclosure sales are down 22% from the previous year! When you combine these factors with rising home prices and rising interest rates your going to see housing affordability start to decline. Have you mistimed the … Continue reading

Posted in Banks, Business, Economy, Fannie Mae, FHA, Finance, First Time Buyers, Fixed Rate Mortgage, Foreclosure, Foreclosure Crisis, Freddie Mac, Home, Housing, HUD, Money, mortgage, Mortgage, Mortgage Bankers, Mortgage Bankers Association, National Association of Realtors, News, Real Estate, Real Estate Professional, Realtors, Refinance, U.S. Home, U.S. House, U.S. Housing, Uncategorized | Leave a comment

Housing Bubble: Is There a New One Forming?

I believe that the difference between “The Great Recession” Real Estate Bubble and today’s current market are significantly lower interest rates, higher quality and less volatile loan products and more stringent underwriting standards!  by THE KCM CREW on MAY 29, 2013 · 0 COMMENTS The … Continue reading

Posted in Banks, Business, Economy, Fannie Mae, FHA, Finance, First Time Buyers, Fixed Rate Mortgage, Foreclosure, Foreclosure Crisis, Freddie Mac, Home, Housing, HUD, Money, mortgage, Mortgage, Mortgage Bankers, Mortgage Bankers Association, National Association of Realtors, News, Real Estate, Real Estate Professional, Realtors, Refinance, U.S. Home, U.S. House, U.S. Housing, Uncategorized | Leave a comment

A Real Estate Conversation [INFOGRAPHIC]

What do you think? Is now the time to buy? by THE KCM CREW on MAY 24, 2013 · 0 COMMENTS InfoGraphic

Posted in Banks, Business, Economy, Fannie Mae, FHA, Finance, First Time Buyers, Fixed Rate Mortgage, Foreclosure, Foreclosure Crisis, Freddie Mac, Home, Housing, HUD, Money, mortgage, Mortgage, Mortgage Bankers, Mortgage Bankers Association, National Association of Realtors, News, Real Estate, Real Estate Professional, Realtors, Refinance, U.S. Home, U.S. House, U.S. Housing, Uncategorized | Leave a comment

Buy or Rent: Which Makes More Sense Financially?

Which makes more sense for you? by THE KCM CREW  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 … Continue reading

Posted in Banks, Business, Economy, Fannie Mae, FHA, Finance, First Time Buyers, Fixed Rate Mortgage, Foreclosure, Foreclosure Crisis, Freddie Mac, Home, Housing, HUD, Money, mortgage, Mortgage, Mortgage Bankers, Mortgage Bankers Association, National Association of Realtors, News, Real Estate, Real Estate Professional, Realtors, Refinance, U.S. Home, U.S. House, U.S. Housing | Leave a comment

Total Increase a Buyer May Pay if They Wait

What is the cost of waiting? Is now the time to buy or is it wise to wait? Let’s hear what you have to say! Earlier in the week, we explained that experts have projected that U.S. home prices will … Continue reading

Posted in Banks, Business, Economy, Fannie Mae, FHA, Finance, First Time Buyers, Fixed Rate Mortgage, Foreclosure, Foreclosure Crisis, Freddie Mac, Home, Housing, HUD, Money, Mortgage, Mortgage Bankers, Mortgage Bankers Association, National Association of Realtors, News, Real Estate, Real Estate Professional, Realtors, Refinance, U.S. Home, U.S. House, U.S. Housing, Uncategorized | Leave a comment