Kameron Rasmussen Home Loan Specialist and Consultant nmls#1835430

03/25/2022

Before you start your home search, it's helpful to determine a price range. Here's a simple calculator to help you see how much you may be able to borrow based on your income and recurring debts. Of course, some costs will vary based on your scenario, so please reach out if you'd like to talk about it. Let's make sure you find a home that you love and that meets your financial needs.

Find out how much you may be able to borrow for a home based on your income and debts.

03/24/2022

Did you know, if you own your home, it's working hard for you right now? How? By growing in value over time. Just plug a few numbers into this quick Future Home Value calculator to see how your home's value can change given the long-term national average rate of a 5% annual increase or your own predictions. Enjoy playing around with this, and please reach out or comment below if I can answer home financing questions for you or a loved one.

What might your home be worth in the future? Try it out!

03/23/2022

Ready to make your life less interest-ing? If you own a home, savings are probably hiding in your mortgage! Use this calculator to find the average interest rate you’re paying for your consumer debt. Then, discover how much you can save when you use your home equity to consolidate other loans – and maybe even pay your home off faster! Let me know if I can help.

Consider how much you spend (and can potentially save) on interest.

03/14/2022

When it comes to buying a home, you have two basic choices: existing or new construction. New homes often come with a higher price tag, but it's important to remember that price is not the same as the cost of owning. This easy calculator compares the monthly cost of an existing and new home, considering energy and maintenance expenses (typically lower for new) and potential tax savings. Check it out, and please reach out if I can help in any way.

Compare the monthly costs of an existing home with a newly constructed home.

02/28/2022

Official home price change reports are in, and it's good news! Nationwide home prices were up 17.5% year over year at the end of 2021. For owners, this means you may be able to take advantage of equity to fund improvements, consolidate debts or more. For buyers, it may mean that now's the time to act before prices rise more. Follow the link to check out overall appreciation rates or drill down to see how things look in your zip code.

See how home values have changed across the country and in your zip code. Check it out!

01/15/2021

After a string of record-breaking low mortgage rates last year, rates are rising in 2021. Since they are moving up from their lowest point ever, they're still very low by historical standards. If you've been waiting to purchase or refinance, now may be the time to act. Use the link to see how your current rate stacks up to national averages and how much you may be able to save. Remember, rates will vary based on your specific situation, and you might even score a better rate than this. Comment below or reach out over your preferred channel if you want to discuss what may work for you.

It's easy to see how your mortgage is holding up against today's rates. Click to see if you could save.

09/29/2020

Time for an industry update: Housing is doing remarkably well, leading the overall economic recovery. After the spring's plummet, housing has rebounded significantly and when charted, forms a clear V shape. Home sales and new construction were very strong this summer. Plus, recently released numbers show record-breaking gains in home values. That could mean many thousands in equity growth for homeowners. With strong markets and low rates, now's still a great time to buy, sell or refinance. If you'd like to talk about your opportunities, please reach out. I'm happy to help.

09/08/2020

Thinking of a refi? Here's a quick way to estimate how much you could save each month as well as the number of months of savings before you break even on costs. You might be surprised! Please let me know if you have questions. I'll be happy to help.

Take a minute to see how a new mortgage payment might look with a refi. Are you ready to make a move?

09/02/2020

Wondering how much you may be able to save with a refinance? Here's a simple calculator to help. You may be surprised at the difference even a small rate change can make. And remember, there's more to it than just monthly savings. You may be able to pay your loan off faster or access cash from equity with no increase in payment. Please reach out over your preferred channel if you want to talk about it.

See how much you can save by lowering your interest rate!

08/28/2020

Still thinking about a refinance? They'll be more expensive as of December 1! The Federal Housing Finance Agency (FHFA) has announced a new fee, so even though rates are still low, your refi will soon cost a little more. If you're interested in saving on your monthly payment, accessing cash from your home's equity, or shortening your loan term, please comment below or reach out over your preferred channel. December may seem far away, but a lot of interested homeowners are likely to pursue a refinance before the fee increase. The sheer volume may lead to delays, so it's wise to get started now.

08/27/2020

A low interest rate mortgage means more than just a better payment. You can build equity more quickly, qualify more easily and get into the home you want faster. Plus, you can lock in a low rate that won't change for 30 years. See how your payment can change if prices and rates increase while you wait to purchase.

A rise in rates and home prices could mean a larger monthly payment. How might your payment change if you wait to buy?