Kevin Kirk, Mortgage Advisor Point Equity Lending- MLO #256332

05/01/2023

https://www.jmchomes.com/excelsior-village-sierra-vista/plans/residence-7
Are you looking for a home with a Guest Suite for aging Parents or a Young Adult? JMC has a model for you, check it out! Remember, if you use myself and Point Equity Lending, you will receive a $10,000 credit that can help you buy down the interest rate. Call me with any questions you have.

The information presented on or through the Website is made available solely for general information purposes. We may update the content on this Website from time to time, but its content is not necessarily complete or up-to-date. Any of the material on the Website may be out of date at any given ti...

04/29/2023

If you have always wondered who Fannie Mae or Freddie Mac are, please read here? This will explain how these two organizations work.

Fannie Mae (FNMA) and Freddie Mac (FMCC) are both government-sponsored enterprises (GSEs) that purchase mortgages from lenders, package them into securities, and sell them to investors. However, Fannie Mae primarily focuses on purchasing conventional mortgages (i.e., those not insured or guaranteed....

04/26/2023

Everyone hears how the Federal Reserve is raising interest rates. Here is how it really affects you.

Have you ever wondered how banks and money affect our lives? One important part of this puzzle is the federal funds rate. In this blog, we'll explain what it is and why it's important in a way that's easy for everyone to understand.

02/04/2023

https://www.forbes.com/sites/cbovaird/2023/02/03/fed-97-likely-to-hike-benchmark-rate-25-basis-points-in-march-says-fedwatch-tool/?sh=6022c25ca881

The Federal Reserve on Tuesday raised the Prime Rate by .25% to 4.75%. Home Equity Lines and some credit cards will see rates go up as soon as next month. However, the smaller increase is a sign that the economy is slowing and these rate hikes are helping to slow down inflation. Home interest rates should continue to reduce from their November high rates.

FOMC members are very likely to keep hiking benchmark rates at their next policy meeting, according to figures provided by the CME FedWatch Tool. The aforementioned data source has predicted very strong chances they will opt for another 25 basis point increase.

10/04/2019

Some Highlights: Learning the lingo of homebuying is an important part of feeling successful when buying a home. From APR to P&I, you need to know the acronyms that will come up along the way, and what they mean when you hear them. Your local professionals are here to help you feel confident and inf...

09/20/2019

Something to think about...

Some Highlights: Buyers are active in the market and often competing with one another for available listings. Housing inventory is still under the 6-month supply found in a normal housing market. Homes are still selling relatively quickly, averaging 31 days on the market.