Interest rates

Sept. 16, 2020

Is Now a Good Time to Move?

Is Now a Good Time to Move?

Is Now a Good Time to Move? | MyKCM

How long have you lived in your current home? If it’s been a while, you may be thinking about moving. According to the latest Profile of Home Buyers and Sellers by the National Association of Realtors (NAR), in 2019, homeowners were living in ...

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Aug. 31, 2020

Interest Rate Update: Week of August 31

Good Monday Morning!

This could be an interesting week for the mortgage bond market, we are going to receive a lot of economic data and many Wall Street traders will be out of the office early in the week ahead of the long weekend. We could see more volatility than ...

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Aug. 24, 2020

Interest Rate Update: Week of August 24th

Good Monday Morning!

 

The stock markets are starting the week out in positive territory primarily due to news that Pfizer and BioNTech have each announced they will conclude their third round of clinical trials and submit vaccines for formal approval as early as October. The Nasdaq, which has a ...

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Aug. 19, 2020

Mortgage Rates & Payments by Decade

 

Mortgage Rates & Payments by Decade [INFOGRAPHIC] | MyKCM

Some Highlights

  • Sometimes it helps to see the dollars and cents you’ll save when you purchase a home while mortgage rates are low.
  • Today’s low rates mean it’s less expensive to borrow money, so the savings over the life of your loan is significant.
  • Let’s connect to determine the ...
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Aug. 17, 2020

Interest Rate Update: Week of August 17th

This blog post information provided graciously to us by:

 

Carrie Wilkinson

Home Mortgage Consultant

Military Lending Specialist

NMLSR ID 408641

Wells Fargo Home Mortgage | 2215 N. 30th St., Suite 100 | Tacoma, WA 98403

MAC P6678-010

Tel 253-274-4910 | Cell 253-961-5138

carrie.wilkinson@wellsfargo.com | www.wfhm.com/carrie-wilkinson

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Aug. 10, 2020

Interest Rate Update: Week of August 10th

Good Monday Afternoon! The Employment Report for July showed an increase of 1.763M jobs, exceeding the markets’ expectation of 1.6M jobs. The Unemployment Rate dropped to 10.2% beating expectations of 10.5%. It is interesting to realize that the lowest Unemployment Rate in the last 10 years ...

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Aug. 3, 2020

Interest Rate Update: Week of August 3rd

Good Monday Morning!

This is a busy week for economic news with the Jobs Report on Friday and a number of closely observed reports sprinkled throughout the week. We started the week with a positive manufacturing report and news that China and Europe are also seeing a strong rebound in ...

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July 29, 2020

Guidance and Support Are Key When Buying Your First Home

 

Guidance and Support Are Key When Buying Your First Home | MyKCM

In June, the number of first-time homebuyers accounted for 35% of the existing homes sold, a trend that’s been building steadily throughout the year. According to the National Association of Realtors (NAR):

“The share of first-time buyers increased in March through June—right into the heart of the pandemic period ...

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July 27, 2020

Interest Rate Update: Week of July 27th


Good Monday Morning!

Interest rates are holding in the same tight range we’ve seen for the last few weeks. This is a fairly light week for economic news except for the Federal Reserve Open Market Committee (FOMC) meeting on Tuesday and Wednesday. This is the meeting where they set the ...

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July 22, 2020

A Remarkable Recovery for the Housing Market

 

A Remarkable Recovery for the Housing Market | MyKCM

For months now the vast majority of Americans have been asking the same question: When will the economy turn around? Many experts have been saying the housing market will lead the way to a recovery, and today we’re seeing signs of that coming to light. With record-low mortgage ...

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