About Kristin
Meet Kristin Price, a passionate loan officer at Advisors Mortgage Group with over 30 years of distinguished service in the mortgage industry. She combines her profound industry knowledge with an earnest desire to help her clients navigate the often complex world of home financing. Whether you’re thinking of refinancing your current home, purchasing a new one, or a builder or real estate agent looking to secure financing for your clients, Kristin stands ready to assist. Her mission is not just about closing loans, but about opening doors to new opportunities, ensuring her clients make informed decisions tailored to their individual needs.
Based in the picturesque Jersey Shore area, Kristin has established herself as a specialist in servicing the unique home financing needs of Primary, Second, and Investment home buyers. Her expertise also encompasses second homes, condominium financing, and jumbo loans, making her an invaluable asset for clients seeking diverse financing solutions. With a vast wealth of experience assisting clients across various states, Kristin’s breadth of understanding of different market conditions is truly impressive. Her approach is personalized, and her commitment unwavering. Reach out to Kristin today and embark on a seamless home financing journey, underpinned by expertise, trust, and a heartfelt commitment to your success.
Licensed in NJ, PA
Free guides from Kristin
First-Time Buyer Guide
Why own, the 7-step path, the document checklist and the do’s and don’ts — read it here, no download.
Where to find Kristin
Kristin works out of our Linwood, NJ office. Branch NMLS #1663364.
What clients say about Kristin
6 client reviews
Verified client reviews via Experience.com
Thank you so much for all your help
Kristin Price was always available to answer my phone, text and emails with complete professionalism.
Amazing experience, thank you for all your help!
Kristin and the rest of the team at Advisors Mortgage were attentive and available to answer any questions I have. The process moved quickly, but it was well explained and I always felt taken care of.
We had a great experience with Advisors Mortgage and Kristin Price. From the very beginning to closing, Kristin and her staff answered all of our many questions in a very timely manner and always with detail. All of the many forms were explained to us as we were walked through each step. Buying a house can be very stressful and Kristin eased our anxieties. We would highly recommend Advisor's Mortgage and Kristin Price to anyone who is in the process of getting a mortgage. We had an exceptional experience.
We had an excellent experience with Kristin at Advisors Mortgage group. From the very beginning she was attentive and readily able to give us answers. She answered all of our questions in great detail even when we needed some things repeated. Getting a mortgage can be very stressful and Kristin walked us through each step, gave us gentle reminders and ultimately we closed. Abby, Kristin's assistant was also so helpful. We would highly recommend Advisors Mortgage.
Latest market updates
The latest PCE inflation report came in cooler than expected, giving both stocks and bonds a boost. Headline inflation rose just 0.3% for the month, while the year-over-year rate fell from 3.7% to 3.4%, better than forecasts. Core inflation, which excludes food and energy, increased only 0.2% and declined from 3.3% to 3.0% annually.
The softer inflation data could reduce pressure on the Federal Reserve to raise rates immediately. New York Fed President John Williams indicated there is no urgency to act following September’s rate hike, although he still expects another increase may be needed later this year.
One area of concern is consumer finances. The savings rate dropped from 4.6% to 4.1%, its lowest level in four years, suggesting consumers continue to spend while saving less.
The inflation report was encouraging for financial markets and showed meaningful progress toward lower inflation, which could help ease some of the upward pressure on interest rates if the trend continues.
Source: MBS Highway
The housing market is shifting in buyers’ favor as more homes become available and competition eases. Redfin reported that,“Sellers outnumbered buyers by 58% in August, the biggest gap in Redfin’s records, driven by a surge in listings and stagnant demand”.
This is the widest gap since Redfin began tracking in 2013. Also interesting is that housing supply reached its highest level in more than a decade, giving buyers more choices and negotiating power.
Affordability remains a challenge, with mortgage rates around 7% and the median existing-home price rising 1.6% year over year. Pending sales and mortgage applications have declined, as high costs and economic uncertainty keep some buyers on the sidelines. Many homeowners are also hesitant to trade their existing low mortgage rates for higher ones.
In some markets, homes are taking longer to sell, prompting sellers to adjust prices and increase marketing efforts. Buyers with substantial cash or home equity are especially well positioned, although the overall sales pace through August remained largely unchanged from last year.
For buyers who are financially ready, greater selection and less competition offer an encouraging opportunity to find a home that fits their needs and budget.
The Federal Reserve raised its benchmark interest rate by 0.25 percentage points, bringing the target range to 3.75%–4.00%. The Fed made the move because they feel that inflation remains elevated, while consumer spending, business investment and the labor market continue to show resilience. Higher rates are intended to slow demand and help return inflation to the Fed’s 2% goal.
Although the Fed does not directly set mortgage rates, its decisions influence the bond market and investors’ inflation expectations. When the Fed hikes rates it can be seen as deflationary since it makes borrowing money more expensive and slows down the movement of money. Bond investors’ arch enemy is inflation so a push from the Fed to fight inflation can garner more attention from investors to purchase more bonds which would help mortgage rates decrease. However, the comments following the policy change put pressure on the bond market since Fed Chair Warsh’s comments were seen as “thin” and he also mentioned inflation is still hanging around.
If inflation cools and the Fed wins the trust of the markets by continuing to fight inflation, we could see rates have a chance to improve, but if the opposite occurs rates could continue their trend and increase more. Oil is also a large factor and if we can get it to drop in price it could also assist mortgage rates to improve.
Source : Federal Reserve
