Lender Spotlight

Feb. 5, 2021

January Real Estate Highlights!

Insights!

There’s was a 5.4% increase in building materials in 2020 for new construction thus pushing prices up. Some builders are increasing their prices monthly. A buyer that gets under contract now may see their equity before they even move in.

DACA returns to HUD and now an FHA ...
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Oct. 20, 2020

Real Estate Continues to Show Unprecedented Strength This Year

Real Estate Continues to Show Unprecedented Strength This Year | MyKCM

The 2020 housing market has surpassed all expectations and continues to drive the nation’s economic recovery. The question is, will this positive trend continue throughout the rest of the year, especially given the uncertainty around the current health crisis, the upcoming election, and more?

Here’s a look at what several ...

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Aug. 27, 2020

Why Is It so Important to Be Pre-Approved in the Homebuying Process?

Why Is It so Important to Be Pre-Approved in the Homebuying Process? | MyKCM

You may have heard that pre-approval is a great first step in the homebuying process. But why is it so important? When looking for a home, the temptation to fall in love with a house that’s outside your budget is very real. So, before you start shopping around, it’s helpful ...

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March 31, 2020

4 reasons why Coronavirus makes mortgage rates so unpredictable

Coronavirus Mortgage Rates

The spread of COVID-19 has impacted the US economy in unprecedented ways. Even with March 15th’s record-breaking federal interest rate cuts, many homeowners are surprised to find that rates are either higher than expected or changing rapidly from day-to-day.

Here are the four key factors affecting mortgage rates today:

  • Market ...
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Feb. 6, 2020

Three Reasons Why Pre-Approval Is the First Step in the 2020

Three Reasons Why Pre-Approval Is the First Step in the 2020 Homebuying Journey | MyKCM

When the number of buyers in the housing market outnumbers the number of homes for sale, it’s called a “seller’s market.” The advantage tips toward the seller as low inventory heats up the competition among those searching for a place to call their own. This can create multiple offer ...

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Nov. 22, 2019

Mortgage Intrest Rates | The Cost Across Time

The Cost Across Time [INFOGRAPHIC] | MyKCM

Some Highlights:

  • With interest rates around 3.66%, now is a great time to look back at where they’ve been over the past few decades. Comparatively, they’re pretty low!
  • According to Freddie Mac, rates are projected to increase to 3.9% by this time next year.
  • The impact your interest ...
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Nov. 14, 2019

This is Not 2008 All Over Again: The Mortgage Lending Factor

This is Not 2008 All Over Again: The Mortgage Lending Factor | MyKCM

Some are afraid the real estate market may be looking a lot like it did prior to the housing crash in 2008. One of the factors they’re pointing at is the availability of mortgage money. Recent articles about the availability of low-down payment loans and down payment assistance programs are ...

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Nov. 11, 2019

75 Years of VA Home Loan Benefits



Today, on Veterans Day, we salute those who have served our country in war or peace, and we thank them for their sacrifice.

This year marks the 75th anniversary of VA Home Loan Benefit offerings through the Servicemen’s Readjustment Act, also known as the GI Bill. Since 1944, this ...

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Nov. 8, 2019

VA Home Loans by the Numbers

  • The Veterans Administration (VA) Home Loan is a benefit that is available to more than 22 million veterans and 2 million active duty service members to help them achieve the dream of homeownership.
  • In 2018, $161 billion was loaned to veterans and their families through the program.
  • In the same ...
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Nov. 1, 2019

Taking the Fear Out of the Mortgage Process

Taking the Fear Out of the Mortgage Process | MyKCM

A considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when it comes to qualifying for a mortgage.

For many, the mortgage process can be scary, but it doesn’t have to be! 

In order to qualify in ...

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