5 Reasons to Sell This Fall

Posted on

  by The KCM Crew on September 6, 2016 School is back in session, the holidays are right around the corner, you might not think that now is the best time to sell your house. But with inventory below historic numbers and demand still strong, you could be missing out on a great opportunity for your family. Here are […]

Rents Skyrocket at Highest Rate in almost a Decade

Posted on

by The KCM Crew on July 20, 2016 in First Time Homebuyers, For Buyers The Consumer Price Index (CPI) was released by the Labor Department last week. An analysis by Market Watch revealed the cost of rent was 3.8% higher than a year ago for the second straight month in June. That’s the strongest yearly price gain since 2007. This coincides with a report released earlier this month in […]

Homeownership Builds Wealth & Offers Stability

Posted on

                  by The KCM Crew on July 13, 2016 in First Time Homebuyers, For Buyers The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are: They want the opportunity to build equity. They want a stable and […]

Would You Qualify for a Mortgage Now?

Posted on

by The KCM Crew on July 13, 2016 in First Time Homebuyers, For Buyers The widespread myth that perfect credit and large down payments are necessary to buy a home are holding many potential home buyers on the sidelines. According to Ellie Mae’s latest Origination Report, the average FICO score for all closed loans in May was 724, […]

US Housing Market Swings in Favor of Homeownership

Posted on

According to the latest Beracha, Hardin & Johnson Buy vs. Rent (BH&J) Index,homeownership is a better way to produce greater wealth, on average, than renting. The results from the first quarter index showed that “16 of the 23 metropolitan markets investigated moved in the direction of buy territory.” The BH&J Index is a quarterly report that attempts to answer […]

Kelvin Kaemingk’s BLOG: Coming in Third

Posted on

In sports, third place isn’t exactly what athletes aspire to, but when it comes to some recent mortgage market news, there’s a ‘third place’ you might love to find yourself in:  The population of homeowners who could refinance their homes and save hundreds of dollars on their monthly payment increased by one-third in January according […]

Kelvin Kaemingk BLOG: It’s Personal

Posted on
Minneapolis Real Estate Buying

Mortgage and real estate markets and matters have become staples in the media in the last few years.  That’s good and bad news for the industry and consumers.  Headlines such as “Mortgage Interest Rates are Low!” and “Real Estate Prices are Soaring!” sound great and they can be good things – depending on many other […]

KELVIN’S BLOG: Resources & Re-Sourcing

Posted on
Loan Officer Recruiting

How’s your business going?  Are you going full-speed ahead, easing forward, moving along or sliding back?  There are some things to consider no matter where you fall on that broad spectrum of loan production.  Most lending professionals doing business today know that challenges come with the territory:  It used to be mostly due to borrowers […]