Kevin Lee, Mortgage Lender, NMLS #212019

09/04/2026

Rates moved higher during the week ending September 4, 2026, due to rising bond yields and expectations of a possible September Fed policy rate hike. Summit Mortgage Corporation is an Equal Housing Lender.

Enjoy this quick update on what's going on in the housing and financial markets.

09/04/2026

Putting more money down can have benefits, but it’s not automatically the best choice for every buyer. A larger down payment means borrowing less and may lower your monthly payment or loan costs. But it also means less cash available for moving expenses, repairs, emergencies, or other goals. The right amount depends on your finances, comfort level, and priorities, not just a target percentage. Comparing different scenarios can help you find the balance that works best for you. Have questions? Send me a message – I’m happy to help!

Putting more money down can have benefits, but it’s not automatically the best choice for every buyer. A larger down payment means borrowing less and may lower your monthly payment or loan costs. But it also means less cash available for moving expenses, repairs, emergencies, or other goals. The r...

09/01/2026

If you are looking to buy your first home or are a first-generation home buyer, we have a workshop that you won't want to miss. Down payment assistance may be available to YOU!
Click the link below for more information and to register!
https://www.summit-mortgage.com/ppl-smc_home-stretch-workshop_lp_09-12-26/

08/28/2026

Rates improved slightly during the week ending August 28, 2026, despite a report showing stubbornly high inflation. Summit Mortgage Corporation is an Equal Housing Lender.

Enjoy this quick update on what's going on in the housing and financial markets.

08/21/2026

Rates moved higher during the week ending August 21, 2026, due to pressure from global bond concerns and rising oil prices. Summit Mortgage Corporation is an Equal Housing Lender.

Enjoy this quick update on what's going on in the housing and financial markets.

08/21/2026

Discount points mean paying more upfront for a lower interest rate. For some homeowners, the long-term savings make sense; for others, keeping cash available for a down payment, repairs, or other priorities may be better. The right choice depends on your goals, timeline, and how long you’ll keep the mortgage. I can help you compare the costs and find the strategy that fits your situation. Have questions? Send me a message – I’m happy to help!

08/16/2026

5.0 star review received on Experience.com for Kevin Lee by Barry W - Buying and moving can be stressful. Kevin did a great job, everything went extremely smooth and without surprises.

08/14/2026

Mortgage rates moved slightly lower during the week ending August 14, 2026, as consumer and wholesale inflation data eased rate-hike concerns. Summit Mortgage Corporation is an Equal Housing Lender.

Enjoy this quick update on what's going on in the housing and financial markets.

08/11/2026

For the first time (in quite some time), average mortgage rates are higher than they were a year ago. Naturally, that's hitting buyer demand (and limiting refi activity). But in roughly half of the larger cities, listing prices are moving modestly lower. Net net, affordability is actually improving.

National news and local views for the week

08/07/2026

Rates remained stable but elevated during the week ending August 8, 2026, as jobs data pointed to a strong labor market. Summit Mortgage Corporation is an Equal Housing Lender.

Enjoy this quick update on what's going on in the housing and financial markets.