Checking The Pulse Of The Kansas City Real Estate Market Mortgage rates have now hit 40 year lows but many Kansas City home buyers are remaining cautious. Freddie Mac reports that the average 30-year fixed rate loan nationally had an interest rate of 4.22 percent — mortgage rates we haven’t seen since 1971. Low mortgage [...]
Archive for the ‘Mortgage Loans’ Category
Will Mortgage Interest Rates Not Seen Since The 1970′s Get Kansas City Home Buyers Off The Fence?
Posted: September 13, 2011 in Home Buying, Investment Property, Johnson County KS Real Estate, Kansas City Real Estate, Leawood Kansas Real Estate, Lee's Summit Real Estate, Lenexa Kansas Real Estate, Mortgage Loans, Olathe Kansas Real Estate, Overland Park KS Real Estate, Prairie Village Real Estate, Shawnee Kansas Real EstateTags: Kansas City Real Estate, Leawood Real Estate, Lenexa Real Estate, Olathe Real Estate, Shawnee Real Estate
What’s Next? 20% Down Payments To Secure A Conventional Loan When Buying A Kansas City Home?
Posted: July 19, 2011 in Home Buying, Home Selling, Johnson County KS Real Estate, Kansas City Real Estate, Leawood Kansas Real Estate, Lee's Summit Real Estate, Lenexa Kansas Real Estate, Mortgage Loans, Olathe Kansas Real Estate, Overland Park KS Real Estate, Prairie Village Real Estate, Shawnee Kansas Real EstateTags: Johnson County KS Home Buyers, Kansas City Home Buyers, Leawood Home Buyers, Lenexa Home Buyers, Overland Park Home Buyers, Prairie Village Home Buyers, Shawnee Home Buyers
Checking The Pulse Of The Kansas City Real Estate Market QRM stands for Qualified Residential Mortgage (QRM) and it will change the way mortgage lending is done should the proposed loan regulations be put into effect. Only home buyers who make a 20% down payment would be considered a “Qualified Residential Mortgage”. Since 85% of [...]
Lowering Of Conventional Loan Limits Should Have Minimal Effect On Kansas City Real Estate Market
Posted: July 5, 2011 in City Market Stats, Home Buying, Home Selling, Investment Property, Johnson County KS Real Estate, Kansas City Real Estate, Leawood Kansas Real Estate, Lee's Summit Real Estate, Lenexa Kansas Real Estate, Mortgage Loans, Olathe Kansas Real Estate, Overland Park KS Real Estate, Prairie Village Real Estate, Shawnee Kansas Real EstateTags: Kansas City Realtor, Overland Park Realtor, Real Estate Agents In Johnson County Kansas, Real Estate Agents In Kansas City, Real Estate Agents In Overland Park
Checking The Pulse Of The Kansas City Real Estate Market Fannie Mae is planning to be less involved in future upper bracket home purchases. Currently, most counties across the U.S., including all of our Kansas City metro counties, have a $417,000 maximum loan amount that Fannie Mae will back. This means if you need a [...]
Would The Government Really Bail On The Housing Industry At Such A Critical Time?
Posted: June 17, 2011 in City Market Stats, Home Buying, Home Selling, Investment Property, Johnson County KS Real Estate, Kansas City Real Estate, Leawood Kansas Real Estate, Lee's Summit Real Estate, Lenexa Kansas Real Estate, Mortgage Loans, Olathe Kansas Real Estate, Overland Park KS Real Estate, Prairie Village Real Estate, Shawnee Kansas Real Estate, Subdivision Market StatsTags: Johnson County Real Estate, Kansas City Real Estate, Leawood Real Estate, Lee's Summit Real Estate, Lenexa Real Estate, Overland Park Real Estate, Prairie Village Real Estate, Shawnee Real Estate
Checking The Pulse Of The Kansas City Real Estate Market Discussions abound of serious shake-ups possibly coming in the mortgage lending industry. It’s been suggested that FHA may raise minimum down payments to 5% — they were raised from 3 to 3.5% just last year. Think that will eliminate the number of home buyers in [...]
Buscando un bilingüe Olathe Agente de bienes raíces? Hablamos Español!
Posted: May 20, 2011 in Home Buying, Home Selling, Investment Property, Johnson County KS Real Estate, Kansas City Real Estate, Leawood Kansas Real Estate, Lee's Summit Real Estate, Lenexa Kansas Real Estate, Mortgage Loans, Olathe Kansas Real Estate, Overland Park KS Real Estate, Prairie Village Real Estate, Shawnee Kansas Real EstateTags: Bilingual Kansas City Realtor, Bilingual Olathe Realtor, Bilingual Overland Park Realtor, Spanish Speaking Kansas City Realtor, Spanish Speaking Olathe Realtor, Spanish Speaking Overland Park Realtor
Checking The Pulse Of The Kansas City Real Estate Market We have added an experienced bilingual (Spanish/English) real estate agent to our group who can assist you with buying or selling a home in Olathe, Overland Park or the surrounding Kansas City metro area. If you know of anyone considering the purchase or sale of [...]
Higher FHA Mortgage Payments For Kansas City Home Buyers Now In Effect
Posted: April 19, 2011 in Home Buying, Johnson County KS Real Estate, Kansas City Real Estate, Leawood Kansas Real Estate, Lee's Summit Real Estate, Lenexa Kansas Real Estate, Mortgage Loans, Olathe Kansas Real Estate, Overland Park KS Real Estate, Prairie Village Real Estate, Shawnee Kansas Real EstateTags: Johnson County Kansas Home Buyers, Kansas City Home Buyers, Leawood Home Buyers, Lenexa Home Buyers, Overland Park Home Buyers, Prairie Village Home Buyers, Shawnee Home Buyers
Checking The Pulse Of The Kansas City Real Estate Market The FHA changes we discussed back in February went into effect this week. This means higher mortgage insurance premiums on all FHA loans. For example, Rick Woodruff with Metropolitan Mortgage explains this means a $33 higher monthly mortgage payment on a $163,000 home (with a [...]
Kansas City Mortgage Interest Rates Fall For Third Straight Week
Posted: March 16, 2011 in Home Buying, Investment Property, Johnson County KS Real Estate, Kansas City Real Estate, Leawood Kansas Real Estate, Lee's Summit Real Estate, Lenexa Kansas Real Estate, Mortgage Loans, Olathe Kansas Real Estate, Overland Park KS Real Estate, Prairie Village Real Estate, Shawnee Kansas Real EstateTags: Johnson County Real Estate, Kansas City Real Estate, Leawood Real Estate, Lenexa Real Estate, Olathe Real Estate, Overland Park Real Estate, Prairie Village Real Estate, Shawnee Real Estate
Checking The Pulse Of The Kansas City Real Estate Market Mortgage rates were inching higher around the new year but we’ve seen them in a downward trend recently and have actually seen rates drop for a third consecutive week. This is an amazing benefit to buying in today’s real estate market and it’s likely 20 [...]
How Would Elimination Of 30 Year Fixed Rate Loans Affect Kansas City Home Buyers?
Posted: February 26, 2011 in Home Buying, Home Selling, Investment Property, Johnson County KS Real Estate, Kansas City Real Estate, Leawood Kansas Real Estate, Lee's Summit Real Estate, Lenexa Kansas Real Estate, Mortgage Loans, Olathe Kansas Real Estate, Overland Park KS Real Estate, Prairie Village Real Estate, Shawnee Kansas Real EstateTags: Johnson County KS Real Estate, Kansas City Real Estate, Leawood KS Real Estate, Lenexa KS Real Estate, Overland Park KS Real Estate, Prairie Village KS Real Estate, Shawnee KS Real Estate
Checking The Pulse Of The Kansas City Real Estate Market The other day a Realtor told me she didn’t care if Fannie Mae never backed another loan. Her argument was that Fannie Mae is backed by the government and government shouldn’t be meddling in the mortgage business. She added that the failed loans that Fannie [...]
Kansas City Home Buyers Getting FHA Loans To Face Higher Monthly Mortgage Payments
Posted: February 15, 2011 in Home Buying, Johnson County KS Real Estate, Kansas City Real Estate, Leawood Kansas Real Estate, Lee's Summit Real Estate, Lenexa Kansas Real Estate, Mortgage Loans, Olathe Kansas Real Estate, Overland Park KS Real Estate, Prairie Village Real Estate, Shawnee Kansas Real EstateTags: Realtors In Johnson County KS, Realtors In Kansas City, Realtors In Leawood, Realtors In Lenexa, Realtors In Overland Park, Realtors In Prairie Village, Realtors In Shawnee
Checking The Pulse Of The Kansas City Real Estate Market So in addition to the possibility of Fannie Mae being put out of her misery (and ending conventional loans as we know it), now it’s announced that FHA loans will have 1/4 percent higher annual mortgage insurance premiums. This is guaranteed to lower the volume [...]
Putting Fannie Mae Out Of Her Misery Could Be Devastating For The Kansas City Real Estate Market
Posted: February 12, 2011 in Home Buying, Home Selling, Investment Property, Johnson County KS Real Estate, Kansas City Real Estate, Leawood Kansas Real Estate, Lee's Summit Real Estate, Lenexa Kansas Real Estate, Mortgage Loans, Olathe Kansas Real Estate, Overland Park KS Real Estate, Prairie Village Real Estate, Shawnee Kansas Real EstateTags: Johnson County Kansas Real Estate, Kansas City Real Estate, Leawood Kansas Real Estate, Olathe Kansas Real Estate, Overland Park Kansas Real Estate, Prairie Village Kansas Real Estate, Shawnee Kansas Real Estate
Checking The Pulse Of The Kansas City Real Estate Market The news just keeps getting better. There’s talk that Fannie Mae and Freddie Mac may be put out of their misery. This is terrible timing because the past several years those two government-backed organizations have backed 90% of the mortgage made in the U.S. If [...]


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