Mortgage Information

The Do's and Don'ts after Applying for a Mortgage

The Dos and Donts after Applying for a Mortgage | MyKCM

The Dos and Donts after Applying for a Mortgage

Once youve found the right home and applied for a mortgage, there are some key things to keep in mind before you close. You're undoubtedly excited about the opportunity to decorate your new place, but before you make any large purchases, move your money around, or make any major life [...]

What is Mortgage Recasting? | Ask The Broker

Mortgage Recasting can help lower mortgage payments and can be a great option for retirees.

Broker/Owner Kathy Sperl-Bell invites Pete Green from US Bank Home Mortgage to explain mortgage recasting. Watch to see why Mortgage Recasting could help retirees make a smooth transition when selling thier current home a moving into their retirement [...]

Should I Get a Mortgage in Retirement?

With the increasing debt facing many Boomers today, it may be wise to consider other options besides a mortgage in retirement.

Is getting a mortgage in retirement the best idea for you? Delaware real estate broker, Kathy Sperl-Bell of Active Adults Realty discusses the realities of mortgage debt for today's Boomers and the options they [...]

Can I Get A Mortgage To Buy My Retirement Home In Delaware?

Retirees who take the right steps and avoid these common pitfalls can qualify for a mortgage for their Delaware retirement home.

In today's Ask The Broker video, Kathy invites guestPete Green of Atlantic Bay Mortgage Group to discuss if retirees can obtain a mortgage to purchase their retirement home and what they can do to qualify. Learn [...]

Where Are Interest Rates Heading?

How long will Interest Rates remain at these historic lows?

The interest rate you pay on your home mortgage has a direct impact on your monthly payment; The higher the rate, the greater your payment will be. That is why it is important to look at where the experts believe rates are headed when deciding to buy now or wait until next [...]

How to Qualify for a Lower Interest Rate

Did You Know... If Just One Of You Apply You Could Qualify for a Lower Rate!

Ken Harney, at The Nation's Housing posed this question: When you and a spouse or partner apply together for a home loan, could you be leaving money on the table by paying too high an interest rate?

His answer: "New research from the Federal Reserve suggests the [...]

What You Need to Get A Mortgage

A Recent article posted on Keeping Current Matters reveals what you actually need to get a Mortgage from Fannie Mae's recently released What do consumers know about the Mortgage Qualification Criteria? Study.

The study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home.

Here are top [...]

The Federal Reserve Increased Rates. Now What?

UPDATE 1/28 FED DECISION: Rates left unchanged. The Fed stated that they no longer view risk as balanced and expectations that inflation will rise have been decreased. Future rate hikes to be a slow and steady pace. This is all general good for mortgage rates to remain low until hopefully [...]

Saving Strategies For A Down Payment

Saving for a home can take time for home buyers.

What is the length of time Buyers take to save for a down payment?

What are your saving strategies for a Down Payment? According to at the National Association of REALTORS, "Among recent home [...]