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      Blog :: 2016

      The Impact Your Interest Rate Has on Purchasing Power

      The Impact Your Interest Rate Has on Your Buying Power [INFOGRAPHIC] | MyKCM

       

      Some Highlights:

      • Your monthly housing cost is directly tied to the price of the home you purchase and the interest rate you secure for your mortgage.
      • Over the last 30 years, interest rates have fluctuated greatly with rates in the double digits in the 1980s, all the way down to the near 4% we are experiencing now.
      • Your purchasing power is greatly impacted by the interest rate you secure. Act now before rates go
      • [...]

      Why You Shouldn't Take Your House Off the Market During the Holidays

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      If you are one of the many homeowners who is debating taking your home off the market for the next few weeks, don’t! You will miss the great opportunity you have right now!

      The latest Existing Home Sales Report from The National Association of Realtors (NAR), revealed that the inventory of homes for sale has dropped to a 4.3-month supply.

      [...]

      Do You Know the Cost of Renting vs. Buying? [INFOGRAPHIC]

      Some Highlights:

      • Historically, the choice between renting or buying a home has been a close decision.
      • Looking at the percentage of income needed to rent a median priced home today (30%) vs. the percentage needed to buy a median priced home (15%), the choice becomes obvious.
      • Every market is different. Before you renew your lease again, find out if you could use your housing costs to own a home of your
      • [...]
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