Blog :: 2023

The 3 Factors That Affect Home Affordability

The 3 Factors That Affect Home Affordability | MyKCM


 

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma Hepp, Executive, Deputy Chief Economist at CoreLogicshares:

“. . . with slowly improving affordability and a more optimistic economic outlook than previously believed, the housing market could show resilience in

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Applying For a Mortgage? Here's What You Should Avoid Once You Do.

Applying For a Mortgage? Heres What You Should Avoid Once You Do. | MyKCM


 

While it’s exciting to start thinking about moving in and decorating after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of things you may not realize you need to avoid after applying for your home loan.

Don’t Deposit Large Sums of Cash

Lenders need to source your money, and [...]

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