Michael Stephen Kandrach NMLSR ID 499176 - Wells Fargo

05/27/2026

Through the first four months of 2026, housing starts are running 2.2% ahead of the pace from last year. Nevertheless, single-family starts declined 9.0% in April and are down 5.1% year-to-date. In contrast, multifamily housing starts have surged, with year-to-date starts up 20.1%. Specifically, April multifamily starts hit an annual rate of 529,000 units, a 27.1% increase over total starts in 2025.

This page provides national and regional data on the number of new housing units authorized by building permits; authorized, but not started; started; under construction; and completed. The data are for new, privately-owned housing units, excluding "HUD-code" manufactured (mobile) homes. The data ar...

04/30/2026

Find it. Love it. Buy it. Let sellers know you’re a serious buyer with a preapproval letter and shop with confidence. Terms apply. Let me help you explore your home financing options. Just give me a call at Office 212-214-7020.

04/20/2026

Our Limited-time Rate Special may offer better pricing on non-agency purchase loans when buyers lock their rate, beginning on Friday, April 17, 2026. Call me for more details at -212-214-7020 or [email protected]. Terms apply.

04/01/2026

If you have clients aiming for a larger or more luxurious home, let’s connect. I understand what it takes to finance high-end properties and can offer your clients a seamless experience from start to finish. They deserve a dedicated expert to manage every step of the process-and I’m here to help. Equal Housing Lender

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

03/25/2026

From early runs around Prospect Park to game nights at Barclays Center on Atlantic & Flatbush, Brooklyn’s energy is undeniable — and I’m so proud that Wells Fargo is helping fuel that energy with our brand-new Park Slope branch, the fourth new branch to open in the borough. We celebrated the grand opening with a $50,000 grant to the Park Slope Fifth Avenue BID to support corridor-wide programming for more than 500 small businesses. Thank you to our new neighbors in Park Slope for welcoming us to the community!

03/14/2026

It’s a sunny Saturday in NYC—definitely a bit windy, but I’ll take that over snow any day. I’ve been asked to attend a couple of open houses today, and based on what the brokers are saying, it sounds like buyers will be out in full force.
I’m currently working on a last‑minute pre‑approval this morning for a client who wants to view a property at 1:00 PM. This is exactly the kind of last‑minute scramble you want to avoid.
If you’re considering buying this spring and don’t yet have your pre‑approval, reach out to me as soon as possible. Brokers need to see that you’re pre‑approved before they start showing properties.
Michael Kandrach
Cell: 917‑612‑5766
Office: 212‑214‑7020
Email: [email protected]

03/10/2026

Smart buyers do their homework. Find out how much home you could afford with a mortgage preapproval. You’ll be more attractive to sellers and ready to make an offer when the time is right. Terms apply. Call me today at 917-612-5766 or email me at: [email protected]

03/06/2026

The weather certainly hasn’t slowed down the NYC real estate market. We’ve seen a strong start to the year as we move toward the end of the first quarter. Congratulations to my newest homeowners on the recent closing of this new construction condo, complete with stunning views. A big thank you to Jessica Quinn of Compass for helping ensure a smooth and successful transaction. With the spring market just around the corner, all signs point to a strong 2026.

03/05/2026

The benchmark 30-year fixed mortgage is back in the headlines! We haven’t seen it this low in nearly three years. Homebuyers and agents—now’s a great time to re-run the numbers based on recent news. Let’s talk!

02/24/2026

Our Spring-Ahead Mortgage Special may offer better pricing on non-agency purchase loans when buyers lock their rate, beginning on February 20. Call me for more details at . Terms apply.