The Beginning of an Economic Recovery
The news these days seems to have a mix of highs and lows. We may hear that an economic recovery is starting, but we have also seen some of the worst economic data in the history of our country. The challenge today is to understand exactly what is going on and what it means relative […]
![Mortgage Rates & Payments by Decade [INFOGRAPHIC],Steve Fiorella](https://files.mykcm.com/2020/08/13150648/20200814-MEM-1-1046x1306.jpg)
Mortgage Rates & Payments by Decade [INFOGRAPHIC]
Some Highlights Sometimes it helps to see the dollars and cents you will save when you purchase a home while mortgage rates are low. Today’s low rates mean it is less expensive to borrow money, so the savings over the life of your loan is significant. If you’re curious to know what options are out […]
Homes Are More Affordable Right Now Than They Have Been in Years
Today, home prices are appreciating. When we hear prices are going up, it’s normal to think a home will cost more as the trend continues. The way the housing market is positioned today, however, low mortgage rates are actually making homes more affordable, even as prices rise. Here is why. According to the Mortgage Monitor Report from Black Knight: “While […]
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