A jumbo loan is a mortgage above the conforming loan limit, which Fannie Mae and Freddie Mac set. In Kansas, the conforming limit for a single-family home in 2024 is $766,550. You will need a jumbo loan if you want…
Are you a prospective home buyer in Kansas or Missouri? If so, understanding the different types of home loans available to you is crucial. In this comprehensive guide: conventional loan may be the ideal option for you. Whether you are…
It’s no secret that getting a mortgage pre-approval is key to a successful home purchase. But, how long will a pre-approval take? And is there anything you can do to speed up the process? Here are some tips on how…
Downsizing your home can be a transformative decision, especially for those looking to simplify their lifestyle, reduce living expenses, or prepare for a new stage in life. Whether you’re an empty nester, retiring, or just seeking a more manageable living…
Navigating the Kansas City real estate market can be a challenging endeavor. Whether buying or selling, the process involves numerous steps, each with its own complexities. Using a realtor in Kansas City can significantly ease this process. Realtors bring expertise,…
When it comes to homeownership, a mortgage payment is a significant financial obligation that requires careful consideration. Understanding what is included in a mortgage payment is crucial for making informed decisions. In this article, we will explore the components of…
For aspiring homeowners, one of the most critical factors to consider is the prevailing interest rates. The rising interest rate on a mortgage can significantly affect affordability and long-term financial planning. As interest rates rise, it becomes imperative for prospective…
The Federal Reserve, often called the Fed, shapes the economic landscape of the United States. One key tool it uses is the federal funds rate, which influences many financial instruments, including mortgage rates. The Feds rate decision June 2024 will…
As we navigate through 2024, the discussion around mortgage rate forecast remains pivotal for both prospective homebuyers and existing homeowners considering refinancing. This post delves into what you can expect in June 2024, offering a detailed analysis to guide your…
