Interest Rates

Oct. 19, 2021

What Does the Future Hold for Home Prices??


What Does the Future Hold for Home Prices?

If you’re looking to buy or sell a house, chances are you’ve heard talk about today’s rising home prices. And while this increase in home values is great news for sellers, you may be wondering what the future holds. Will prices continue to rise with time, or should …

View More
Oct. 14, 2021

What Do Past Years Tell Us About Today’s Real Estate Market??

 

What Do Past Years Tell Us About Today’s Real Estate Market?

As you follow the news, you’re likely seeing headlines discussing what’s going on in today’s housing market. Chances are high that some of the more recent storylines you’ve come across mention terms like cooling or slowing when talking about where the market is headed.

But …

View More
Oct. 12, 2021

Don’t Wait for a Lower Mortgage Rate – It Could Cost You?

 


Don’t Wait for a Lower Mortgage Rate – It Could Cost You

Today’s housing market is truly one for the record books. Over the past year, we’ve seen the lowest mortgage rates in history. And while those rates seemed to bottom out in January of this year, the golden window of opportunity for buyers …

View More
Oct. 8, 2021

What’s Causing Today’s Competitive Real Estate Market?


What’s Causing Today’s Competitive Real Estate Market? [INFOGRAPHIC] | Keeping Current Matters

Some Highlights

  • Today’s strong sellers’ market is the direct result of high demand and low supply.
  • Low mortgage rates and generational trends have created an increased demand for homes. Meanwhile, the slower pace of new home construction and homeowners staying in …
View More
Oct. 6, 2021

What Do Supply and Demand Tell Us About Today’s Housing Market??

 

What Do Supply and Demand Tell Us About Today’s Housing Market?

There’s a well-known economic theory – the law of supply and demand – that explains what’s happening with prices in the current real estate market. Put simply, when demand for an item is high, prices rise. When the supply of the item …

View More
Oct. 5, 2021

The Main Key To Understanding the Rise in Mortgage Rates?

 

The Main Key To Understanding the Rise in Mortgage Rates

Every Thursday, Freddie Mac releases the results of their Primary Mortgage Market Survey which reveals the most recent movement in the 30-year fixed mortgage rate. Last week, the rate was announced as 3.01%. It was the first time in three months that …

View More
Sept. 10, 2021

Fact or Fiction: Homebuyer Edition

 

Fact or Fiction: Homebuyer Edition [INFOGRAPHIC] | MyKCM

Some Highlights

  • When it comes to the current housing market, there are multiple misconceptions – from what the current supply of available homes looks like to how much houses are selling for.
  • It takes professionals who study expert opinions and data to …
View More
Sept. 2, 2021

5 Reasons Today’s Housing Market Is Anything but Normal

 

5 Reasons Today's Housing Market Is Anything but Normal | MyKCM

There are many headlines out there that claim we’re reverting to a more normal real estate market. That would indicate the housing market is returning to the pre-pandemic numbers we saw from 2015-2019. But that’s not happening. The market is still extremely vibrant as demand is …

View More
Posted in Interest Rates
Aug. 23, 2021

What Do Experts Say About Today’s Mortgage Rates?

 

What Do Experts Say About Today’s Mortgage Rates? | MyKCM

Mortgage rates are hovering near record lows, and that’s good news for today’s homebuyers. The graph below shows mortgage rates dating back to 2016 and where today falls by comparison.What Do Experts Say About Today’s Mortgage Rates? | MyKCMGenerally speaking, when rates are low, you can afford more home for your money. That’s why …

View More
Aug. 2, 2021

Key Questions To Ask Yourself Before Buying a Home

 

Key Questions To Ask Yourself Before Buying a Home | MyKCM

Sometimes it can feel like everyone has advice when it comes to buying a home. While your friends and loved ones may have your best interests in mind, they may also be missing crucial information about today’s housing market that you need to make your best …

View More