Michael Toledo
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How Will Mortgage Rate Hikes Impact Home Sales?

by The KCM Crew on June 18, 2015 in For Buyers, Interest Rates   When mortgage interest rates begin to climb, experts immediately begin to discuss home affordability indexes. They calculate how an increase in rates will slow home purchases as more and more potential buyers are priced out of the market. Today, with home […]

The #1 Reason to Buy Right Now – THE MONEY!!

People often ask whether they should buy a home now or wait. Recently released data suggests that waiting may not make sense as prices seem to again be on the rise. Let’s take a look at some of the data and commentary on the subject: Ed Stansfield, chief property economist at Capital Economics: “The current […]

Mortgage Rates Over The Last 40 Years

Some Highlights: 30-year mortgage rates are projected to increase by a full percentage point in 2016 Rates are still well below the past four decade averages The interest rate at which you borrow the funds to purchase your dream home makes a huge difference on your monthly payment

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