Jordan Randa, NMLS# 880248

Jordan Randa, NMLS# 880248 The Jordan Randa Team specializes in mortgage products supporting metropolitan- and rural USDA-eligible communities in Kansas and Missouri.

The team's combined experience positions them as JUMBO, FNMA/FREDDIE, VA, FHA, and USDA loan experts. Looking to build or renovate to make a home uniquely yours? Our one-time close Construction-to-Permanent or HomeStyle, FHA 203K and USDA renovation loans can help you land your dream home. The Jordan Randa Team will guide you to the right product, staying in constant communication throughout the e

ntire journey. Union Home Mortgage Corp. NMLS # 2229, LO NMLS # 880248, KS LO.0027920, MO 10059-MLO. Kansas License Mortgage Company. Equal Housing Lender. nmlsconsumeraccess.org

03/01/2023

The ending is the most important part once you have achieved ๐Ÿ”ฅ

They definitely look well put together ๐Ÿ˜†
03/01/2023

They definitely look well put together ๐Ÿ˜†

๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—๐˜‚๐—น๐˜† ๐Ÿฎ๐Ÿฑ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ฏ๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐Ÿ‘ Average mortgage rates continued to improve l...
07/25/2022

๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—๐˜‚๐—น๐˜† ๐Ÿฎ๐Ÿฑ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ฏ๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐Ÿ‘
Average mortgage rates continued to improve last week, although we didn't really see rates drop much as more of the gains came in the way of improvements to closing costs instead.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ฐ๐—ผ๐˜‚๐—น๐—ฑ ๐˜€๐—ฒ๐—ฒ ๐˜€๐—ผ๐—บ๐—ฒ ๐˜ƒ๐—ผ๐—น๐—ฎ๐˜๐—ถ๐—น๐—ถ๐˜๐˜† โš ๏ธ
Two big events this week could see rates bounce around a bit - the Fed meeting on Wednesday and inflation data on Friday. The bigger picture is still that rates will slowly improve as inflation concerns ease and are replaced by concerns about a recession. We could see rates vary day-to-day this week more than usual, and whether we end the week better or not could depend on Friday's inflation data.

๐Ÿ—“๏ธ ๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Fed meeting: The Fed will release their rate increase (currently expected to be .75%) and policy statement on Wednesday. Remember, a Fed rate hike is NOT a direct hike to mortgage rates. Instead, mortgage rates usually get at least slightly better after a Fed rate hike.
- Fed press conference: Held after the meeting, Fed Chair Powell's press conference usually causes some movement to rates.
- Economic data: Although this is a full weak of economic and housing data, it is Friday's inflation data that is most likely to affect mortgage rates.

"๐—ช๐—ต๐—ฎ๐˜ ๐—ถ๐˜€ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ถ๐—ณ๐—ณ๐—ฒ๐—ฟ๐—ฒ๐—ป๐—ฐ๐—ฒ ๐—ฏ๐—ฒ๐˜๐˜„๐—ฒ๐—ฒ๐—ป ๐˜๐—ต๐—ฒ ๐—”๐—ฃ๐—ฅ ๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐—ฒ๐˜€๐˜ ๐—ฟ๐—ฎ๐˜๐—ฒ?" ๐Ÿค”๐Ÿ‘‰ Answer: One of the most confusing aspects of a mortga...
07/22/2022

"๐—ช๐—ต๐—ฎ๐˜ ๐—ถ๐˜€ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ถ๐—ณ๐—ณ๐—ฒ๐—ฟ๐—ฒ๐—ป๐—ฐ๐—ฒ ๐—ฏ๐—ฒ๐˜๐˜„๐—ฒ๐—ฒ๐—ป ๐˜๐—ต๐—ฒ ๐—”๐—ฃ๐—ฅ ๐—ฎ๐—ป๐—ฑ ๐˜๐—ต๐—ฒ ๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐—ฒ๐˜€๐˜ ๐—ฟ๐—ฎ๐˜๐—ฒ?" ๐Ÿค”

๐Ÿ‘‰ Answer: One of the most confusing aspects of a mortgage is trying to compare interest rates and APRs. Here is a simple explanation to make it easy for you to get a low rate mortgage without the hassle.

The interest rate is only the interest that you will pay on the mortgage. Mortgage interest rates are often quoted in .125% increments.

The APR is a calculation designed to more easily compare mortgage offers. It includes the interest rate above, PLUS other fees and costs such as: lender fees, origination fees, discount points, and some closing costs. Some banks and lenders will change what they call certain fees to avoid having to include them in the APR calculation, making it even harder to compare. An APR is required anytime a bank or lender advertises an interest rate, to help get a more accurate comparison. The interest rate and the APR should never be exactly the same unless there are no fees on the loan.

๐Ÿก ๐—œ๐—ณ ๐˜†๐—ผ๐˜‚'๐—ฟ๐—ฒ ๐—น๐—ผ๐—ผ๐—ธ๐—ถ๐—ป๐—ด ๐˜๐—ผ ๐—ด๐—ฒ๐˜ ๐—ฎ ๐—น๐—ผ๐˜„ ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐˜๐—ฎ๐—ธ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ต๐—ฎ๐˜€๐˜€๐—น๐—ฒ ๐—ผ๐˜‚๐˜ ๐—ผ๐—ณ ๐˜๐—ต๐—ฒ ๐—ฝ๐—ฟ๐—ผ๐—ฐ๐—ฒ๐˜€๐˜€, ๐—œ ๐—ฐ๐—ฎ๐—ป ๐—ต๐—ฒ๐—น๐—ฝ. A quick and easy conversation can help make sense of it all, and I can show you how to make sure you're getting a good mortgage offer.

Getting a mortgage doesn't have to be a hassle. Let me make it easy.

๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—๐˜‚๐—น๐˜† ๐Ÿญ๐Ÿด, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ฏ๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐Ÿ‘ Average mortgage rates last week improved sli...
07/18/2022

๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—๐˜‚๐—น๐˜† ๐Ÿญ๐Ÿด, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ฏ๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐Ÿ‘
Average mortgage rates last week improved slightly, despite stronger than expected consumer inflation data. Inflation usually pressures rates higher, but markets are anticipating another large rate hike by the Fed next week and are concerned about a coming recession. Recession risks usually push rates lower.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—น๐—ถ๐—ธ๐—ฒ๐—น๐˜† ๐—ฟ๐—ฒ๐—บ๐—ฎ๐—ถ๐—ป ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐˜๐—ต๐—ฒ ๐˜€๐—ฎ๐—บ๐—ฒ ๐Ÿ‘
Average mortgage rates this week aren't likely to move much higher or lower ahead of next week's Fed meeting. Although this week has some housing data, there are no big economic reports that should affect rates. While rates may vary slightly day-to-day, we aren't likely to see any big moves higher or lower.

๐Ÿ—“๏ธ ๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Recession fears: Concerns that the aggressive Fed rate hikes will cool off the economy continue to help mortgage rates from moving too much higher.
- Economic data: Not really any data on the calendar this week that should have a big affect on rates.
- European Central Bank meeting: Thursday's meeting of the ECB and rate announcement could affect rates on Thursday, although the effect is likely to be short lived and not too much to worry about.

๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—๐˜‚๐—น๐˜† ๐Ÿญ๐Ÿญ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐˜„๐—ผ๐—ฟ๐˜€๐—ฒ ๐Ÿ‘ŽAverage mortgage rates were slightly higher las...
07/11/2022

๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—๐˜‚๐—น๐˜† ๐Ÿญ๐Ÿญ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐˜„๐—ผ๐—ฟ๐˜€๐—ฒ ๐Ÿ‘Ž
Average mortgage rates were slightly higher last week in a move that wasn't totally unexpected after seeing rates improve the previous couple of weeks. Rates are still significantly better than they were almost a month ago after hitting the highest levels seen since 2008.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ฐ๐—ผ๐˜‚๐—น๐—ฑ ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ ๐Ÿ‘
This week mortgage rates will be most likely to move on Wednesday after the release of consumer inflation data. Last month this inflation data caused rates to skyrocket higher as inflation readings came in stronger than expected and markets panicked. It is possible we could see another strong reaction this month, depending on the data, but it is less risky that we will see rates jump this time because markets are already expecting larger Fed rate hikes at this month's meeting.

๐Ÿ—“๏ธ ๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Inflation: This week brings consumer and wholesale inflation reports, and if inflation is higher than expected it could cause mortgage rates to worsen. However, if inflation shows signs of improving, it could help rates.
- Recession concerns: Fears that we are headed into a global recession continue to plague markets, and as fears increase it could help mortgage rates to move lower.

๐Ÿก "๐—›๐—ผ๐˜„ ๐—บ๐˜‚๐—ฐ๐—ต ๐—ต๐—ผ๐˜‚๐˜€๐—ฒ ๐—ฐ๐—ฎ๐—ป ๐—œ ๐—ฎ๐—ณ๐—ณ๐—ผ๐—ฟ๐—ฑ?" ๐Ÿค”With mortgage rates rising to levels not seen since 2008 while moving up and down week...
07/08/2022

๐Ÿก "๐—›๐—ผ๐˜„ ๐—บ๐˜‚๐—ฐ๐—ต ๐—ต๐—ผ๐˜‚๐˜€๐—ฒ ๐—ฐ๐—ฎ๐—ป ๐—œ ๐—ฎ๐—ณ๐—ณ๐—ผ๐—ฟ๐—ฑ?" ๐Ÿค”

With mortgage rates rising to levels not seen since 2008 while moving up and down week to week, this question is more important than ever.

If you're considering buying a home, this is probably one of the first questions you'll ask. And while a mortgage calculator can give you a rough estimate, it can't tell you what interest rate you'll qualify for or provide you with the range of options that may be available.

๐Ÿ’ฐ๐Ÿ’ต Finding an accurate number for how much house you'll qualify for, AND what you can comfortably afford, can be made much easier with guidance from a mortgage professional like me. I can help you understand what you qualify for, discuss what kind of payment you're comfortable with, compare loan programs, and then help you get a low rate while making the whole process convenient.

๐Ÿ‘ ๐—ฌ๐—ผ๐˜‚ ๐—ฐ๐—ฎ๐—ป ๐—ฐ๐—ผ๐—ป๐˜๐—ฎ๐—ฐ๐˜ ๐—บ๐—ฒ ๐—ฎ๐—ป๐˜†๐˜๐—ถ๐—บ๐—ฒ ๐—ณ๐—ผ๐—ฟ ๐—ฎ ๐—ณ๐—ฟ๐—ฒ๐—ฒ, ๐—ป๐—ผ ๐—ผ๐—ฏ๐—น๐—ถ๐—ด๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฐ๐—ผ๐—ป๐˜ƒ๐—ฒ๐—ฟ๐˜€๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐—ฏ๐˜‚๐˜†๐—ถ๐—ป๐—ด ๐—ฎ ๐—ต๐—ผ๐—บ๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—ต๐—ผ๐˜„ ๐—บ๐˜‚๐—ฐ๐—ต ๐—ต๐—ผ๐˜‚๐˜€๐—ฒ ๐˜†๐—ผ๐˜‚ ๐—ฐ๐—ฎ๐—ป ๐—ฎ๐—ณ๐—ณ๐—ผ๐—ฟ๐—ฑ. ๐—š๐—ผ ๐—ฎ๐—ต๐—ฒ๐—ฎ๐—ฑ ๐—ฎ๐—ป๐—ฑ ๐—ฐ๐—ต๐—ฒ๐—ฐ๐—ธ ๐—ผ๐˜‚๐˜ ๐—บ๐˜† ๐—ฟ๐—ฒ๐˜ƒ๐—ถ๐—ฒ๐˜„๐˜€ ๐˜๐—ผ ๐˜€๐—ฒ๐—ฒ ๐˜„๐—ต๐—ฎ๐˜ ๐—ผ๐˜๐—ต๐—ฒ๐—ฟ๐˜€ ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐˜๐—ผ ๐˜€๐—ฎ๐˜† ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐—ต๐—ผ๐˜„ ๐—œ ๐—ต๐—ฒ๐—น๐—ฝ๐—ฒ๐—ฑ ๐˜๐—ต๐—ฒ๐—บ. โญโญโญโญโญ

Why not reach out to me, knowing you won't get any sales pitch or be pressured to take any action? I'm simply here to help! ๐Ÿ™Œ

๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—๐˜‚๐—น๐˜† ๐Ÿฑ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ฏ๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐Ÿ‘ Average mortgage rates last week were slightly...
07/05/2022

๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—๐˜‚๐—น๐˜† ๐Ÿฑ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐—ฏ๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐Ÿ‘
Average mortgage rates last week were slightly worse to begin the week, but turned the corner midweek and continued to improve to end the week slightly better after hitting the worst levels of the year a few weeks ago. Last week's improvements were mainly due to concerns that the economy will go into a recession caused by the Fed's aggressive rate hikes to bring down inflation.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ฐ๐—ผ๐˜‚๐—น๐—ฑ ๐˜€๐—ฒ๐—ฒ ๐˜€๐—ผ๐—บ๐—ฒ ๐˜ƒ๐—ผ๐—น๐—ฎ๐˜๐—ถ๐—น๐—ถ๐˜๐˜† โš ๏ธ
Average mortgage rates this week a bit tougher to forecast, because the direction will hinge on how markets react to the Fed's minutes from last month's meeting as well as jobs data later in the week. After improving quite a bit the last couple of weeks, we may see rates pause for awhile before improving further. Whichever direction things go, we aren't likely to see significant improvement or worsening this week.

๐Ÿ—“๏ธ ๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Recession fears: Concerns that the aggressive Fed rate hikes to come will cool off the economy have investors looking to the safety of bonds, helping mortgage rates.
- Economic data: Most data won't affect rates, but Friday's jobs data could.
- The Fed: Minutes from last month's Fed meeting on Wednesday could affect rates this week.

๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—๐˜‚๐—ป๐—ฒ ๐Ÿฎ๐Ÿณ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐Ÿ‘ Average mortgage rates improved slightly la...
06/27/2022

๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—๐˜‚๐—ป๐—ฒ ๐Ÿฎ๐Ÿณ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ถ๐—บ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐˜€๐—น๐—ถ๐—ด๐—ต๐˜๐—น๐˜† ๐Ÿ‘
Average mortgage rates improved slightly last week, coming down from the highest levels seen since 2008 but not yet returning to the same range of rates seen a few weeks ago. The improvement in rates was driven by recession fears, as markets are now more afraid of a recession than of inflation. Investors are concerned that aggressive Fed rate hikes anticipated by the end of the year to fight inflation will push the economy into a recession.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—น๐—ถ๐—ธ๐—ฒ๐—น๐˜† ๐—ฟ๐—ฒ๐—บ๐—ฎ๐—ถ๐—ป ๐—ฟ๐—ฒ๐—น๐—ฎ๐˜๐—ถ๐˜ƒ๐—ฒ๐—น๐˜† ๐˜‚๐—ป๐—ฐ๐—ต๐—ฎ๐—ป๐—ด๐—ฒ๐—ฑ ๐Ÿค
Average mortgage rates may worsen a bit to start the week, but will likely improve as the week goes on to basically end the week about the same as we start it. Recently mortgage rates were driven higher by fears of inflation, but now fears of recession are helping them come down again. Markets will close early on Friday for the long Independence Day weekend and will be closed on Monday, as are most mortgage lenders.

๐Ÿ—“๏ธ ๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Recession fears: Concerns that the aggressive Fed rate hikes to come will cool off the economy have investors looking to the safety of bonds, helping mortgage rates.
- Economic data: A full week of data, but most of it will not have much affect on mortgage rates this week.

๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—๐˜‚๐—ป๐—ฒ ๐Ÿฎ๐Ÿฌ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—บ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐—ต๐—ถ๐—ด๐—ต๐—ฒ๐—ฟ ๐Ÿ‘ŽRates moved higher last week, with the highest ra...
06/20/2022

๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—๐˜‚๐—ป๐—ฒ ๐Ÿฎ๐Ÿฌ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—บ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐—ต๐—ถ๐—ด๐—ต๐—ฒ๐—ฟ ๐Ÿ‘Ž
Rates moved higher last week, with the highest rates coming Monday and Tuesday before the Fed meeting on Wednesday as markets reacted to the previous week's inflation data. The Fed raised the fed funds rate by 0.75%, a significant increase meant to fight inflation, which actually helped mortgage rates improve from the highest levels seen since 2008.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—ฐ๐—ผ๐˜‚๐—น๐—ฑ ๐—ฏ๐—ฒ ๐˜ƒ๐—ผ๐—น๐—ฎ๐˜๐—ถ๐—น๐—ฒ โš ๏ธ
Markets will reopen Tuesday after observing Juneteenth and mortgage rates this week could continue to be volatile, moving up and down significantly as markets come to terms with the current economic picture. However, there is a pretty good chance that rates could improve on the week, at least slightly, now that rates have adjusted for the expectations of more aggressive Fed rate hikes to come in July and September. That said, we aren't yet in a position to expect rates to fall too far from here.

๐Ÿ—“๏ธ ๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Inflation: Ongoing concerns about inflation continue to pressure mortgage rates higher.
- The Fed: Fed Chair Jerome Powell will appear in front of Congress this week in his semi-annual monetary policy report, and his prepared as well as live comments could affect rates this week.

๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—๐˜‚๐—ป๐—ฒ ๐Ÿญ๐Ÿฏ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—บ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐—ต๐—ถ๐—ด๐—ต๐—ฒ๐—ฟ ๐Ÿ‘ŽRates moved quite a bit higher last week, as inve...
06/13/2022

๐Ÿก ๐—™๐—ผ๐—ฟ ๐˜๐—ต๐—ฒ ๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ผ๐—ณ ๐—๐˜‚๐—ป๐—ฒ ๐Ÿญ๐Ÿฏ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฎ

๐—ฅ๐—ฒ๐—ฐ๐—ฎ๐—ฝ ๐—ผ๐—ณ ๐—น๐—ฎ๐˜€๐˜ ๐˜„๐—ฒ๐—ฒ๐—ธ: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐—บ๐—ผ๐˜ƒ๐—ฒ๐—ฑ ๐—ต๐—ถ๐—ด๐—ต๐—ฒ๐—ฟ ๐Ÿ‘Ž
Rates moved quite a bit higher last week, as investors rushed to price in more aggressive Fed rate hikes after Friday's inflation data came in hotter than expected. Since mortgage rates are based on the pricing of mortgage bonds and not on the Fed funds rate, we see the resulting higher rates now as markets react and not when the Fed actually raises rates.

๐— ๐—ผ๐—ฟ๐˜๐—ด๐—ฎ๐—ด๐—ฒ ๐—ฅ๐—ฎ๐˜๐—ฒ ๐—™๐—ผ๐—ฟ๐—ฒ๐—ฐ๐—ฎ๐˜€๐˜: ๐—ฅ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜„๐—ถ๐—น๐—น ๐—ฏ๐—ฒ ๐˜ƒ๐—ผ๐—น๐—ฎ๐˜๐—ถ๐—น๐—ฒ โš ๏ธ
Mortgage rates this week are likely to be volatile as investors react to the news coming from the Fed at this week's Fed meeting. Markets try to price in Fed moves before they happen, and this caused mortgage rates to move sharply. If the Fed calms investors' fears, we could actually see rates improve this week. However, if investors are concerned the Fed will have to raise rates faster to curb inflation, we could see mortgage rates react negatively to the news and move higher.

๐Ÿ—“๏ธ ๐—ช๐—ต๐—ฎ๐˜'๐˜€ ๐—ฎ๐—ณ๐—ณ๐—ฒ๐—ฐ๐˜๐—ถ๐—ป๐—ด ๐—ฟ๐—ฎ๐˜๐—ฒ๐˜€ ๐˜๐—ต๐—ถ๐˜€ ๐˜„๐—ฒ๐—ฒ๐—ธ:
- Inflation. Last week's higher than expected inflation data has sent rates rising.
- The Fed. Rates will move according to market reactions to this week's Fed meeting, including how much the Fed raises the policy rate, the Fed members' forecast of future rate hikes, and Fed Chair Powell's press conference.

โš ๏ธ ๐—›๐—ฒ๐—ฟ๐—ฒ'๐˜€ ๐—ฎ ๐˜„๐—ฎ๐—ฟ๐—ป๐—ถ๐—ป๐—ด ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐˜๐—ต๐—ผ๐˜€๐—ฒ ๐—ผ๐—ป๐—น๐—ถ๐—ป๐—ฒ ๐—น๐—ฒ๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€... ๐˜๐—ต๐—ฒ๐˜† ๐—ฎ๐—ฟ๐—ฒ๐—ป'๐˜ ๐—ฎ๐—น๐˜„๐—ฎ๐˜†๐˜€ ๐—ฎ๐˜€ ๐—ด๐—ผ๐—ผ๐—ฑ ๐—ฎ๐˜€ ๐—ฎ๐—ฑ๐˜ƒ๐—ฒ๐—ฟ๐˜๐—ถ๐˜€๐—ฒ๐—ฑ.Who's going to answer your qu...
06/10/2022

โš ๏ธ ๐—›๐—ฒ๐—ฟ๐—ฒ'๐˜€ ๐—ฎ ๐˜„๐—ฎ๐—ฟ๐—ป๐—ถ๐—ป๐—ด ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐˜๐—ต๐—ผ๐˜€๐—ฒ ๐—ผ๐—ป๐—น๐—ถ๐—ป๐—ฒ ๐—น๐—ฒ๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€... ๐˜๐—ต๐—ฒ๐˜† ๐—ฎ๐—ฟ๐—ฒ๐—ป'๐˜ ๐—ฎ๐—น๐˜„๐—ฎ๐˜†๐˜€ ๐—ฎ๐˜€ ๐—ด๐—ผ๐—ผ๐—ฑ ๐—ฎ๐˜€ ๐—ฎ๐—ฑ๐˜ƒ๐—ฒ๐—ฟ๐˜๐—ถ๐˜€๐—ฒ๐—ฑ.

Who's going to answer your questions... help you get a low rate... make sure you've taken advantage of any special programs available to you? ๐Ÿค”

๐Ÿ‘ As a local mortgage professional, I'm available to talk when it is convenient for you and not just during "business" hours. You won't get a different person every time you call, instead I'll know your unique situation and how to help you get the most house for your money.

๐—ฌ๐—ผ๐˜‚'๐—น๐—น ๐—ฏ๐—ฒ ๐—ฎ๐—ฏ๐—น๐—ฒ ๐˜๐—ผ ๐˜๐—ฒ๐˜…๐˜ ๐—บ๐—ฒ ๐—น๐—ถ๐—ธ๐—ฒ ๐˜„๐—ฒ'๐—ฟ๐—ฒ ๐—ฏ๐—ฒ๐˜€๐˜๐—ถ๐—ฒ๐˜€, ๐—ฒ๐—บ๐—ฎ๐—ถ๐—น ๐—บ๐—ฒ ๐—ถ๐—ณ ๐˜๐—ต๐—ฎ๐˜'๐˜€ ๐˜„๐—ต๐—ฎ๐˜ ๐˜†๐—ผ๐˜‚ ๐—ฝ๐—ฟ๐—ฒ๐—ณ๐—ฒ๐—ฟ, ๐—ฐ๐—ฎ๐—น๐—น ๐—บ๐—ฒ ๐˜๐—ผ ๐˜๐—ฎ๐—น๐—ธ ๐—ฝ๐—ฎ๐˜†๐—บ๐—ฒ๐—ป๐˜, ๐—ผ๐—ฟ ๐—ฒ๐˜ƒ๐—ฒ๐—ป ๐˜๐—ผ ๐—บ๐—ฒ๐—ฒ๐˜ ๐—ณ๐—ฎ๐—ฐ๐—ฒ-๐˜๐—ผ-๐—ณ๐—ฎ๐—ฐ๐—ฒ ๐—ถ๐—ณ ๐˜†๐—ผ๐˜‚ ๐—น๐—ถ๐—ธ๐—ฒ.

Don't worry, I have lots of technology at my fingertips to make the process convenient, but I'll still give you the personal attention that will let you sleep at night knowing someone is looking out for you and making sure everything goes according to plan.

๐—ง๐—ต๐—ฒ ๐—ฏ๐—ฒ๐˜€๐˜ ๐—ฝ๐—ฎ๐—ฟ๐˜ ๐—ถ๐˜€ ๐—บ๐˜† ๐—ฐ๐—น๐—ถ๐—ฒ๐—ป๐˜๐˜€ ๐˜‚๐˜€๐˜‚๐—ฎ๐—น๐—น๐˜† ๐—ด๐—ฒ๐˜ ๐—ฎ ๐—ฏ๐—ฒ๐˜๐˜๐—ฒ๐—ฟ ๐—ฟ๐—ฎ๐˜๐—ฒ ๐˜„๐—ผ๐—ฟ๐—ธ๐—ถ๐—ป๐—ด ๐˜„๐—ถ๐˜๐—ต ๐—บ๐—ฒ ๐˜๐—ต๐—ฎ๐—ป ๐˜๐—ต๐—ฒ๐˜† ๐˜„๐—ผ๐˜‚๐—น๐—ฑ ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐˜„๐—ผ๐—ฟ๐—ธ๐—ถ๐—ป๐—ด ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—ฏ๐—ถ๐—ด ๐—ฏ๐—ฎ๐—ป๐—ธ๐˜€ ๐—ผ๐—ฟ "๐—ท๐˜‚๐˜€๐˜ ๐—ฎ ๐—ป๐˜‚๐—บ๐—ฏ๐—ฒ๐—ฟ" ๐—ผ๐—ป๐—น๐—ถ๐—ป๐—ฒ ๐—น๐—ฒ๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€.

๐Ÿ‘‰ ๐—š๐—ถ๐˜ƒ๐—ฒ ๐—บ๐—ฒ ๐—ฎ ๐—ฐ๐—ฎ๐—น๐—น, ๐˜๐—ฒ๐˜…๐˜, ๐—ผ๐—ฟ ๐—ฒ๐—บ๐—ฎ๐—ถ๐—น ๐˜๐—ผ๐—ฑ๐—ฎ๐˜† so we can find out what mortgage works best for you.I look forward to talking soon!

Address

1010 Grand Boulevard
Kansas City, MO
64106

Opening Hours

Monday 8am - 9pm
Tuesday 8am - 9pm
Wednesday 8am - 9pm
Thursday 8am - 9pm
Friday 8am - 9pm
Saturday 9am - 6pm
Sunday 10am - 6pm

Telephone

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