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      What Do Experts Say About Today's Mortgage Rates?

      What Do Experts Say About Todays 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.

       

      Generally speaking, when rates are low, you can afford more home for your money. That’s why experts across the industry agree – today’s low rates present buyers with [...]

      Looking for a Place To Call Home? Consider a Condominium

      Looking for a Place To Call Home? Consider a Condominium. | MyKCM


       

      It’s no secret that one of the top stories in today’s real estate market is low housing supply and high buyer demand. If you’re a first-time buyer looking for a starter home or are someone who’s interested in downsizing, it may be worth considering a condominium (condo) as a worthwhile option.

      In fact, trends indicate condos are gaining popularity among buyers. In the [...]

      The True Cost of Not Owning Your Home

      The True Cost of Not Owning Your Home | MyKCM

      There are great advantages to owning a home, yet many people continue to rent. The financial benefits are just some of the reasons why homeownership has been a part of the long-standing American dream.

      Realtor.com reported that:

      “Buying remains the more attractive option in the long term – that remains the American dream, and it’s true in many markets where renting has become really the shortsighted

      [...]

      Millennials: Here's Why the Process is Well Worth It.

      Millennials: Heres Why the Process is Well Worth It. | MyKCM

      Millennials have waited longer than any other generation to become homeowners, but the wait for this cohort is just about over.

      According to National Mortgage News,

       “Millennials, those young adults now aged 23 to 38, are now entering their peak household formation and homebuying years.

      If you’re a Millennial, you’re already well aware that you’re among a generation of those who favor fast-paced, real-time answers

      [...]

      What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]

      What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC] | MyKCM

      What Is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC] | MyKCM

      Some Highlights:

      • The “cost of waiting to buy” is defined as the additional funds necessary to buy a home if prices and interest rates were to increase over a period of time.
      • Freddie Mac forecasts interest rates will rise to 3.8% by Q4 2020.
      • CoreLogic predicts home prices will appreciate by 5.4% over the next 12 months.
      • If you’re ready and willing to buy your dream home, now is a great time to buy.
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