Kansas City mortgage rates inched higher last week. Rates are still low by historical standards

Kansas City mortgage home loan rates inched up last week thanks to the U.S. budget showdown and the European Central Bank's decision to raise their benchmark rate to curb inflation.

These events also will weaken the value of the Dollar, which puts further inflationary pressure on the economy and causes bond and home loan rates to worsen.

Despite mortgage rates moving higher, Kansas City mortgage rates are still low by historical standards, so it remains a good time to get your buyers pre-approved today!


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Blog post written by the Dowell Taggart Team of RE/MAX Best Associates

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