Mortgage Rates

What To Expect From the Housing Market in 2023

What To Expect from the Housing Market in 2023 | MyKCM

The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it's put the market into a reset position.

As the Federal Reserve (the Fed) made moves this year to try to lower inflation, mortgage rates more than doubled  something thats never happened before in a calendar year. This had a cascading impact on buyer activity, the balance [...]

Understanding the Link Between Property Taxes & Your Mortgage Payment

Delawares known for lower property taxes which can reduce your mortgage payment.

When buying a home, taxes are one of the expenses that can make a significant difference in your monthly payment. Do you know how much you might pay for property taxes in your state or local area? Knowing this information is one big reason why many choose to [...]

Are Mortgage Interest Rates Really Skyrocketing?

The good newsis, interest rates HAVE NOT skyrocketed.

This guest post comes to us from our friend, Pete Green, Branch Manager at Atlantic Bay Mortgage Group.

With the onset of strong home sales, housing starts, higher import price, and other key economic factors, not to mention Federal Reserve rate increases, experts pegged 30-year rates to [...]

15 & 30-Year Mortgage Rates: Impending Doom or Minor Inconvenience

Houses are a big monetary decision. Knowing how good we have it now compared to historical mortgage rates promotes a healthy home buying perspective.

With the conflicting reports on the rise of mortgage rates I decided to ask an expert and share these answers with you. I went directly to Pete Green, Branch Manager, Atlantic Bay Mortgage [...]