mortgage rates: Millenials, Fears and More - 05/24/13 12:06 AM

As bond prices go down mortgage rates go up.  Rates aren't where they were 3-4 weeks ago, but they're still historically good.  See below for some great insights on where the Millenials stand on the subject of buying homes.

Report from Wells Fargo on Millenials and how they regard the present and future of the housing industry
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mortgage rates: What's Driving Rates Up Today? - 05/22/13 05:15 AM

No need to panic, but mortgage rates did go up today and we can expect to see some movement there.  For the why and how, watch this short video.
Chart to show your clients
 
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mortgage rates: What Are Your Limits? - 05/02/13 11:28 PM

Mortgage rates have been attractive over the past few weeks making now an excellent time to buy a home. And many of you many not know that last week I climbed Mount Whitney in California. If you don't test your limits, how do you know how high you can go?
Picture of me on Mt. Whitney
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mortgage rates: Change the Game Plan! - 02/01/13 12:21 AM

Change the game plan!  Sometimes you have to make tough decisions to make bigger strides.  Are you willing to change your game plan to accomplish your goals?  
Also, bond prices declined over the last thirty days, so rates have inched up a little bit.  They're still amazingly low, historically, though.  See a chart here 
 
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mortgage rates: The Fed keeps rates low to 2015, & a low down payment mortgage product - 09/13/12 11:52 PM
The Fed moved to keep rates low into 2015, looking to create more jobs and help the housing industry. With rates remaining low, and low down payment mortgage products available, home ownership is very achievable. For instance, Fairway Independent Mortgage has access to a conventional mortgage product that only requires a 3% down payment. Not every mortgage lender has access to this loan product, which in a lot of cases, is better than an FHA loan for most people. Only 3% down payment, lower PMI payments and 3% seller concession options are among a few of its features. … (1 comments)

mortgage rates: Mortgage Rates About to Rise? - 03/14/12 04:06 AM
Ken Pederson of FAIRWAY Independent Mortgage Corp. discusses bond prices and mortgage rates, and where to expect mortgage rate trends in the near future. click here … (1 comments)

mortgage rates: Help More, Sell More, and What You Should be Doing Right Now - 09/23/11 07:30 AM
Ken Pederson from FAIRWAY Independent Mortgage in Lancaster, PA talks about how the Fed announced Wednesday they'd buy 400-500 billion dollars buying long term bonds to keep mortgage rates low. Check out the results: http://screencast.com/t/6w2QKQ3TYUV So, what can you do with this information? Help your clients by letting them know what this means. Does it make sense for your clients to refinance with these amazingly low mortgage rates? … (0 comments)

mortgage rates: The Fed's decision to keep long term rates low - 09/22/11 01:56 AM
Ken Pederson of FAIRWAY Independent Mortgage Corp. in Lancaster, PA, talks about the Fed's announcement to buy long term bonds to keep long term rates low. What happened? About 145 basis points improvement in bond prices. That doesn't equate immediately to a lower rate, but in the next few weeks, we'll see... … (1 comments)

mortgage rates: What is Happening with Mortgage Rates This Week? - 05/16/11 07:52 AM
Click here for a quick read on current mortgage rate behavior.  Half empty... or half full?
Last Week in Review: Inflation is heating up, but what does that mean for home loan rates? Forecast for the Week: Thursday will be an especially busy day when it comes to reports this week, with news on jobs, housing, and manufacturing. View: Ever experience "brain fog?" Check out three great tips for boosting your brainpower. Ken PedersonCertified Mortgage Planner, CMPS FAIRWAY Independent Mortgage Corp. Lancaster, PA Mortgages nmls 134943

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mortgage rates: What's Happening With Mortgage Rates This Week - 02/21/11 08:23 AM
Click here for a quick read on what's going on in the industry and how it affects mortgage interest rates.
Last Week in Review: Inflation is heating up - find out what this means for home loan rates. Forecast for the Week: The markets may be closed Monday for Presidents' Day, but the rest of the week is filled with a slew of economic reports. View: Know who the first president was to live in the White House? How about the only president born on July 4th? Read this week's View for fun facts about the presidency. Ken PedersonCertified Mortgage Planner, … (0 comments)

mortgage rates: What's New With Mortgage Rates? - 02/07/11 03:46 AM
Click here for this week's report on how January's Jobs Report affected the market and looking ahead.
Last Week in Review: January's Jobs Report is in - was it a good or bad one? Forecast for the Week: It's a quiet week when it comes to economic reports, but it remains to be seen whether the news from around the world will be good or bad for our markets. View: Need some cough syrup? Just ran out of bandages? Read this week's View article...and learn more about the new Flexible Spending Account rules...before you head to the store. Ken PedersonCertified Mortgage … (0 comments)

mortgage rates: What's Up With Mortgage Rates? - 01/31/11 02:39 AM
Click here for a quick read on recent recoveries in the housing market and the big news coming this Friday.
Last Week in Review: Food and fire for the housing market. Read below to discover what happened. Forecast for the Week: High-impact reports hit the markets...with the big news coming this Friday! Special Video View: Don't pay more than you have to in taxes. Watch this special video now! Ken PedersonCertified Mortgage Planner, CMPSFAIRWAY Independent Mortgage Corp.Lancaster, PAMortgages
NMLS: 134943
KensKorner.tv!
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mortgage rates: What's Down With the Dollar - and What Does it Mean for Mortgage Rates? - 01/25/11 06:38 AM
Click here for a quick market update
Last Week in Review: The US Dollar has dropped. Find out why and what it could mean to home loan rates! Forecast for the Week: A full load of economic reports hits the markets. Read what they are and why they matter. View: How much can you deduct for driving? Discover what's changed...and how you can benefit! Ken PedersonCertified Mortgage Planner, CMPSFAIRWAY Independent MortgageLancaster, PAMortgages
NMLS 134943
Have you checked out KensKorner.tv yet?
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mortgage rates: What's Up With Mortgage Rates? - 01/17/11 02:38 AM
Here is a quick read on upcoming economic news and how it will affect mortgage rates... click here.
Last Week in Review: Stocks continue to like the good economic news we have seen, but how are Bonds and home loan rates faring? Forecast for the Week: It will be a heavy week of economic news ahead - including several that will directly relate to the housing industry. Find out what to expect. View: Have a teenage driver? Worried about skyrocketing insurance costs? Have no fear with this advice from Kiplinger Ken PedersonCertified Mortgage Planner, CMPSFAIRWAY Independent Mortgage Corp.Lancaster, PAMortgages
nmls: 134943
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mortgage rates: What's Going On With Mortgage Rates? - 01/10/11 03:17 AM
Click here for a quick read on how the labor market is starting to look a little less sleepy, and what that's going to mean for mortgage rates.
Last Week in Review: The labor market continues to improve, and while that's good news for our economy, what does it mean for home loan rates? Forecast for the Week: Very impactful reports are in store for the week ahead - including a look at inflation, retail sales, and how American consumers are feeling these days. View: Breaking news... you won't need to sweat the dreaded April 15th date this year. Find out … (0 comments)

mortgage rates: What's Happening with Mortgage Rates - 01/04/11 08:01 AM
For a quick read on what's happening in the market right now and why, click here.
 Last Week in Review: Traders were singing one minute only to scream the next. Read below to see why! Forecast for the Week: How many high-impact reports can you fit in a week? Find out below. Video View: Which credit card is right for you? Discover how to decide... plus learn about new rules that impact you! Ken PedersonCertified Mortgage Planner, CMPSFAIRWAY Independent Mortgage Corp.Lancaster, PAMortgages
nmls: 134943
Click here for Kens Korner, a video blog for Realtors
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mortgage rates: What A Year It's Been - 12/20/10 03:03 AM
Click here for a quick read looking over last week and looking ahead at the holiday season.
Last Week in Review: The Fed met, and Congress passed the Tax Cut Bill. But what do both of these mean for home loan rates? Forecast for the Week: Housing, inflation, and jobs news - all in a holiday shortened week. View: As you unwrap gifts this holiday season, don't throw the wrapping paper in with your Yule Log... find out why, and other tips on keeping your holiday season safe and fun. Ken PedersonCertified Mortgage Planner, CMPSFAIRWAY Independent Mortgage Corp.Lancaster, PAMortgages
nmls 134943
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mortgage rates: What's Happening With Mortgage Rates Now? - 12/14/10 01:52 AM
Click here for a quick read on rates in the busy week ahead.
Last Week in Review: Are rates going to come back? Here's a break down of possible scenarios! Forecast for the Week: Get ready for a busy week. Find out what you should watch. View: Know someone in college or headed there soon? Watch the video below for tips to avoid unexpected college costs. Ken Pederson, CMPSCertified Mortgage PlannerFAIRWAY Independent Mortgage Corp.Lancaster, PA717-431-9299Mortgages
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Check out www.kenskorner.tv!
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mortgage rates: Ken's Korner... 11/22/2010. What's the price? - 11/22/10 03:10 AM
Ken Pederson Certified Mortgage Planner, CMPS FAIRWAY Independent Mortgage nmls: 134943 … (0 comments)

mortgage rates: What's Happening With Rates This Week? - 11/01/10 04:55 AM
Click here for a quick read on the debate surrounding Quantitative Easing and what to expect for home loan rates.
Last Week in Review: Strong words - and colorful quotes - fill the headlines. Forecast for the Week: A serious "trifecta" of heavy-hitting events in store! View: 10 ways you can save for a rainy day, not to mention retirement Ken PedersonCertified Mortgage Planner, CMPSFAIRWAY Independent Mortgage Corp.Lancaster, PAMortgages
nmls: 134943
More from Ken at KensKorner.tv
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Ken Pederson, Certified Mortgage Planner (FAIRWAY Independent Mortgage Corp)

Ken Pederson

Certified Mortgage Planner

Lancaster, PA

More about me…

FAIRWAY Independent Mortgage Corp

Address: 801 Estelle Drive, Lancaster, PA, 17601

Office: (717) 431-9299

Fax: (866) 580-9204

Ken Pederson, a mortgage lender and Certified Mortgage Planner in Pennsylvania, talks about wealth accumulation and mortgage advice.


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