Category Archives: Wichita News

Household Spending, How Wichita Compares

Bundle.com lets visitors compare household spending in their part of the country with the national average.  Wichitan’s actually spend more than the national average on dining out, groceries and travel but less on entertainment and gas in their vehicles. Click here to see the specifics of the study.

Wichita Housing Market is Looking Good

Wichita State University’s Center for Real Estate released their 2010 Kansas Housing Market Forecast yesterday. Here are the highlights: employment will continue to go down through the first quarter of 2010, then will recover slowly the Mortgage Bankers Association predicts that interest rates will continue to be low through 2011 by then end of 2011, […]

Wichita’s foreclosure rate on the rise, data says

Wichita foreclosure rates in July increased slightly in over the previous year, according to First American CoreLogic, a collector of local residential real estate data. The foreclosure rate in Wichita among outstanding mortgages was 0.74 percent during July, up from 0.69 percent from a year earlier. That was lower than the national foreclosure rate of […]

New FHA Mortgage Limits

FHA Mortgage Limits List – FHA Forward The current basic standard mortgage limits for FHA insured loans are: One-family Two-family Three-family Four-family FHA Forward $271,050.00 $347,000.00 $419,400.00 $521,250.00 HECM $200,160.00 Fannie/Freddie $417,000.00 $533,850.00 $645,300.00 $801,950.00