Michael Stephen Kandrach NMLSR ID 499176 - Wells Fargo

08/03/2026

New home sales climbed 1.6% in June after slipping 2.0% and 4.3% in April and May. June’s annualized sales pace of 628,000 units is 7.4% below the 678.000-unit pace from 2025. Through the first half of 2026, sales are 5.2% below sales in the first half of 2025. The inventory of completed homes on the market stood at 118,000 units at the end of June, the same as its June 2025 inventory.

This page provides national and regional data on the number of new single-family houses sold and for sale. It also provides national data on median and average prices, the number of houses sold and for sale by stage of construction, and other statistics. The data are from the Survey of Construction....

08/01/2026

If your customers are first-time homebuyers, feel free to share this link. It has invaluable tips to help potential buyers learn the basics of buying a home, as well as information on financing options. Also, don't forget I’m always willing to answer questions. Equal Housing Lender

First-time homebuyer loans and programs can put homeownership in reach. Learn about loan options and down payment assistance from Wells Fargo.

07/31/2026

Did you know your buyers who are Wells Fargo customers, may be eligible for a mortgage relationship benefit? Terms apply. Equal Housing Lender. Check it out at my site:

Learn more about the Wells Fargo asset-based relationship benefits and additional home financing options.

07/30/2026

All the extra effort. Every late night. Every milestone along the way. Now eligible buyers could be closer to your next move with $10,000 toward your down payment through Wells Fargo’s Homebuyer Access®️ Grant. Terms apply. Equal Housing Lender. Call me for details at 212-214-7020 or email me at [email protected]

07/29/2026

A new Wells Fargo survey found that many aspiring homebuyers feel confident—but most missed key questions about mortgages, closing costs, and the homebuying process. Learn where knowledge gaps could impact your homeownership journey.

New Wells Fargo quiz reveals costly knowledge gaps for aspiring buyers SAN FRANCISCO — For many Americans, buying a home is the largest financial commitment they will ever make. But with the annual homebuying season kicking into full gear, a new Wells Fargo quiz reveals a troubling knowledge gap: ...

07/19/2026

Do you have customers interested in purchasing a luxury property and need to borrow more than the conforming loan limit? Our jumbo loan options are designed to meet the needs of homebuyers and offer personalized solutions. Whether your clients are buying or refinancing, we can help them secure the financing they need. I’d be happy to help your customers make their home dreams a reality. Equal Housing Lender

Your unique wealth management needs deserve the service and attention that come with a leader among jumbo mortgage lenders.

07/08/2026

In honor of America 250, our Limited-time Rate Special may offer better pricing on non-agency purchase loans when buyers lock their rate, beginning on Friday, July 3rd. Call me for more details at212-214-7020 or [email protected]. Terms apply.

07/01/2026

Just like that June is behind us and we are coming up on July 4th weekend.

June was a very busy closing month for the Kandrach team. 14 million dollars in funding volume spread out from east coast to west coast.

Upper East Side NY, NY - Purchase
Hermosa Beach, CA -Purchase
Sag Harbor, NY -Purchase
Norwalk, CT -Purchase
Ossining, NY - Purchase
Scarsdale, NY - Refinance
New Hyde Park, Ny -Purchase
Mongomery, MD -Purchase
Wyckoff, NJ -Purchase

Congratulations to all of our new homeowners and mortgage customers. Thank you to all the attorneys and real-estate agents that help on these transactions.

Have a happy 4th.

06/25/2026

Graduation marks the end of one chapter and the start of another. Congratulations to the class of 2026!

06/24/2026

Don’t forget that employees of certain companies, members of participating unions, and service members may be eligible for added home financing benefits through Wells Fargo. Contact me for complete details on these special programs.