Kevin Michelson's (kmichelson) Blog

There are many pitfalls you can avoid when you are in the market to buy a new home. Here are just a few tips and strategies to help you prepare for success: Know your credit score. You may be able to get a better mortgage rate and more favorable loan terms by restructuring some of your balances o...

The Federal Reserve Lowers Interest Rates by 0.25%... What Does This Mean For YOU? In order to answer this question, it is helpful to understand the four major interest rates that are affected by the Fed:Discount Rate (currently 5%) - the interest rate that banks pay when they borrow money direct...

Most American's spend more time planning their vacation then they do planning their mortgage - usually their largest debt. While I'm passionate about Mortgage Planning I recognize that it isn't the most thrilling activity for most people. But when we consider the current status of the mortgage ma...