Minnesota Mortgage Blog - Mortgage and Real Estate News You Can Use

Overcoming the “School Year” ObjectionMinneapolis, MN: As your buyer clients navigate back-to-school chaos, they might think the window for a moving has closed. Your job is to show them it’s just opened. Autumn isn’t just a good time to buy—it’s a strategic opportunity, and it’s perfectly feasibl...

Understanding Mortgage Escrow Accounts: A Comprehensive GuideWhen you purchase a home with a mortgage, you may encounter the term "escrow account." While it might sound complex, an escrow account is a straightforward financial tool that plays a critical role in managing certain expenses associate...

Existing Homeowners, Don’t Wait to Make Your Next MoveMinneapolis, MN: If you’re a homeowner dreaming of moving to a new place—whether it’s a bigger space, a better neighborhood, or your forever home—today's interest rates and rising home prices might feel like insurmountable hurdles. But here’s ...

Navigating the 2025 Housing Market: Strategies for Homebuyers and SellersThe 2025 housing market is a dynamic landscape, with stable mortgage rates, rising inventory, and persistent affordability challenges shaping decisions for homebuyers and sellers.As of July 2025, national 30-year fixed mortg...

The Benefits of a VA Loan in 2025: A Game-Changer for VeteransAs of May 14, 2025, VA loans continue to be one of the most powerful benefits available to veterans, active-duty service members, and eligible surviving spouses. Backed by the U.S. Department of Veterans Affairs, these loans offer unpa...

Minneapolis, MN: As we head into spring 2025, the housing market is showing signs of opportunity for prospective homebuyers. With mortgage rates stabilizing after recent fluctuations and home prices cooling slightly in many regions, this could be a strategic moment to make your move. Here’s why n...

Can you use new alimony or child support to buy a home?Minneapolis, MN:  Unfortunately, that dream relationship and marriage doesn't always work out, with statistics showing around 41% of first marriages ending in divorce.With the divorce, it is common that one or both parties need to purchase a ...

How Much Mortgage Payment You Can Afford?Minneapolis, MN: Whether you're a first-time homebuyer or looking to upgrade to a larger home, understanding how much mortgage you can afford is crucial.Here at Cambria Mortgage, we help you navigate through this process with some key steps:Prepare An Hone...

Are Buyers Getting Used to Higher Mortgage Rates?Minneapolis, MN: Higher interest rates have been around for more than two-years now. They have reshaped the real estate landscape, and limiting market growth potential right alongside soaring home prices.This dual challenge has made affordability a...

Insurance Companies making getting a mortgage harderMinneapolis, MN: “The growing crisis in the insurance industry may make it hard to get a mortgage in parts of the country in the coming decades”, Federal reserve Chairman Jerome Powel correctly stated recently.The insurance industry, beaten up h...