Kimberly Woollen - Loan Originator

04/07/2025

How might tariffs affect the housing market? Simply put, housing affordability is not likely to improve. Unless changes occur, tariffs of 10% or more will likely increase the cost of both new and existing homes. Inflationary pressure could impact Fed rate policy, too, keeping rates higher for longer. Locking in current rates and prices may prove to save money over time. I can help with a pre-approval when you're ready to make a move. Legacy Mutual Mortgage is an Equal Housing Lender.

01/29/2025

Real estate typically doesn't depreciate in the same way that other assets might. There are a few reasons for this:
Land Value: A significant portion of the value of real estate comes from the land itself, which tends to appreciate over time due to factors like population growth, urbanization, and scarcity of land in desirable locations.

Improvements and Maintenance: While buildings and structures on the land may depreciate over time due to wear and tear, proper maintenance and occasional renovations can mitigate this depreciation. In some cases, improvements might even appreciate in value if they enhance the property's functionality, aesthetics, or energy efficiency.

Long story short, real estate is one of the best investments you can make!

Let's chat today if you are looking to invest in real estate.

01/14/2025

Not sure what types of loans are out there? 🤔
Here's a snapshot of the different loans and their general parameters. If you are thinking of purchasing or refinancing, give me a call and I can help you determine which product is best suited for you! ☺️

12/27/2024

We at Legacy Mutual Mortgage hire loan officers based on the values of our culture. We are exclusive in our hiring practices and you can rest assured our tea...

12/20/2024

Happy Holidays! Wishing you smooth sledding and warm memories as you glide through the season and into the new year. Legacy Mutual Mortgage is an Equal Housing Lender.

12/19/2024

The Fed cut rates again! At their December meeting, the Board voted to cut policy rates by 0.25%, though they signaled fewer than expected rate cuts for next year, depending on economic performance. The Fed doesn't control mortgage rates directly. If you want to discuss good timing for your situation, please reach out. Legacy Mutual Mortgage is an Equal Housing Lender.

12/17/2024

How much will you pay in rent while you wait for lower rates? With rising home values and your rent payment, you could pay more over time than with higher rates now. Follow the link to see some examples and calculate the differences for your scenario. I’m ready to help when the time is right for you. Legacy Mutual Mortgage is an Equal Housing Lender.

How much will you pay in rent while you wait?

12/16/2024

Most companies cater to the lowest common denominators. Legacy does not. We hold our Loan Officers to a minimum production standard, ensuring the highest qua...

12/10/2024

Coaching at Legacy Mutual is true accountability. Learning from a coach is imperative because otherwise, you may spend your day not knowing how to be most pr...

12/04/2024

You may be able to borrow more for less! The amount that can be borrowed through a standard home loan rose by 5.2% to more than $806K for 2025, and even more in certain high-cost areas. For FHA programs, the 2025 limit is more than $524K in most places. That means you may have more flexibility and possibly get lower rates to purchase or refi in a higher price range than before. Questions? Please comment below or reach out through your preferred channel.


Legacy Prescott AZ is an Equal Housing Lender.

11/28/2024

Happy Thanksgiving! May your days overflow with the true bounty of the season — love, laughter and gratitude (and second helpings!). Legacy Prescott AZ is an Equal Housing Lender.

11/11/2024

Happy Veterans Day! We offer our deepest gratitude to the Veterans of our armed forces. Thank you for the sacrifices you made to ensure our freedom. Legacy Prescott AZ is an Equal Housing Lender.