Andy Hund - NMLS #721150 - UMB Bank

12/11/2025

Fed rate cut by .25% - what do you think that meant for mortgage rates??

09/28/2025

Rates are impossible to predict - when you see a rate that is beneficial for you to refinance, don't wait!

www.refimymortgagekc.com

https://finance.yahoo.com/personal-finance/mortgages/article/why-are-mortgage-rates-increasing-after-fed-cut-rate-165115956.html

The Fed cut its rate on Sept. 17, and many thought mortgage rates would fall. Instead, home loan rates have increased. Find out what’s going on and what to do next.

09/21/2025

Fed rate cut and effects on Mortgages

In recent years, the Federal Reserve has made headlines with its decisions to cut interest rates. These cuts can have a significant impact on various aspects of the economy, particularly in the housing market. For residents of Kansas City, understanding how these rate cuts affect mortgages is crucia...

09/19/2025

Does my loan amount matter on what type of Mortgage I can get??

If you’ve purchased a large home, vacation property or live in a city where home prices are above the national average, chances are you’ve taken out a jumbo mortgage. You just may not know that’s what it’s called. Below I share the inside scoop on what a jumbo mortgage is, why you may need o...

07/08/2025

July Mortgage Update

Mortgage Rates Continue Higher For The Start of July
By: Matthew Graham

For the entire 2nd half of June, it was easy to be spoiled by the absence of volatility in mortgage rates. During that time, rates were either lower or unchanged every single day. The past few business days have been a different story.

This began last Wednesday as the bond market began a small correction ahead of Thursday's big jobs report. A correction is a normal occurrence that often follows an extended run in either direction. They can be as short as a single day or they can mark bigger picture turning points.

We'll never know if last week's correction would have been a one day affair because the very next day, the jobs report continued pushing rates higher. At that point, rate movement was no longer a correction. Rather, it was a response to economic data.

Now at the start of the new week, there's been some follow-through to last Thursday's rising rate momentum (Friday was closed for the 4th), carrying the average mortgage rate to the highest levels since June 25th. That's the bad news.

The good news is that June 25th's rates were the lowest since early April at the time.

Reach out to me today to get a customized quote anywhere nationwide!

05/29/2025

Mortgage news update 5.29.2025

After moving moderately lower to start the new week yesterday, mortgage rates backtracked ever-so-slightly today.  Top tier conventional 30yr fixed rates remain just under 7% for the average lender.  They spent 3 days above that mark last week. Rates can move for a variety of reaso...

05/24/2025

Thinking of doing some home improvements by tapping into the equity in your home?

For many people, a home is the most significant asset they own, and this asset can provide homeowners access to funding if they need it. But what is the best way to use your home as collateral?The first thing to understand about home equity is the different ways you can use your home to deliver

04/11/2025

Having trouble saving up for that dream house? Check out this "No Spend Year" challenge to reset how you spend your $$$

Social media budgeting and savings challenges can be a fun way to get more involved with your finances for those who need a boost of motivation. Maybe you’re tried loud budgeting or gamifying your savings in the past and found success or at least learned more about your budget and how you spend

01/29/2025

Tired of getting random calls to solicit you? Ever applied for credit and suddenly get tons of calls from other places you didn't apply with? Here's why and good new is, you can proactively do something about it!

01/15/2025

Happy New Year! Wondering what's ahead for the economy and how that may affect Mortgage options?

As we settle into 2025, we might think this is a repeat of 2016; however, this time really is different. The financial markets had a robust return in 2024, and we closed out the year with a few other interesting takeaways: Election year: Former President Donald Trump won a second, nonconcurrent term...

10/10/2024

Curious where Mortgage rates are at today??

The Federal Reserve on Wednesday lowered the federal funds rate to a range between 4.75%-5%.

09/18/2024

Home Mortgage Rates have been on the decline - how will the upcoming election affect the Stock Market and Housing Market? Contact me today for a personalized rate quote!

The answer is clear: Yes and no Market turmoil has been elevated in recent months, and the impending presidential election has many investors asking about the impact the election results will have on their finances, and also what they should do in preparation for the potential outcomes. One broad qu...