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Kansas Mortgage Rates

Updated: December 24, 2024

Compare today's rates for Mortgage Refinance in KS

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Mortgage rates for Kansas go down to 3.00%

Tuesday, December 24, 2024

Mortgage rates for Kansas on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Kansas is now at 4.56%.

If you are looking for up to the minute Kansas mortgage rates, you’ve come to the right place.  Finding the lowest rates is easy when you have access to our vast network of trusted mortgage professionals in Kansas. Talk to multiple mortgage lenders in KS to compare rate quotes and understand your options.

Kansas Mortgage Refinance

Why is it critical to find the lowest rate when refinancing?  Simply put, this is the entire goal of a refinance.  The lower your new rate, the more money you’ll save. While there are many ways to secure a refinance loan, the best option is the no cost refi, which allows you to switch to a new mortgage with a lower rate without paying the fees associated with closing a new loan.  This can literally save you thousands of dollars.

Home Loans in Kansas

The loan types available in Kansas are much like those available elsewhere.  One of the most widely available mortgage loan types is the 30 year fixed rate mortgage.  As the name implies, this loan comes with a fixed interest rate.  This is considered the most financially sound mortgage by many borrowers. Some opt for the 15-year fixed option.

The adjustable rate mortgage (ARM) is another common loan type.  You can also pursue a jumbo loan, interest-only loan, balloon mortgage, or other specialized loan type.  Whether or not one of these loans fits you will depend entirely on your needs and the requirements of your lender.  Government backed loans, such as the FHA loan and the VA loan, are available to those who qualify.

Kansas windmill scenery

About Kansas

Kansas is a state in the Midwest often called the Heartland of America.  The state was named from the French word Cansez, a word the French settlers used to describe the Kansas River.

This state is located in the area known as Tornado Alley, with major cities such as Wichita, Overland Park, Kansas City, and Topeka.  Those who like the outdoors will find interest in the Tallgrass Prairie Nature Preserve, The Kansas Underground Salt Museum, which has over 67 miles of caverns and is part of a working salt mine, Mushroom Rock State Park, and the Gypsum Hills Scenic Byway.  For history buffs, you can enjoy the Lewis and Clark Historic Park, Fort Leavenworth, which is an active military fort, the Glacial Hills Scenic Byway, the birthplace and home of Amelia Earhart, and the Native American Heritage Museum.

To learn more about homeownership in Kansas or research KS  home buying programs, visit the Kansas HUD portal.

Follow the links below to continue exploring your options.

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