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

Did the Bank say No?Are you an independent contractor, or even a Real Estate Agent who is paid with a 1099, and has has trouble getting a mortgage loan? We have the solution for your problem.We can potentially approve you for your home loan with just your 1099 income and NO TAX RETURN needed.Qual...

Make Christmas memories... In your new home! It's not too late if you start NOW. Visit JoeMetzler.com/apply   Interested in buying a home, or finding out what you qualify to purchase?  We make it easy.  Just call our loan experts at (651) 552-3681, or visit  JoeMetzler.com/apply to start a no co...

What is your home worth?Minneapolis, MN:  Everyone wonders what their home is worth, especially if you are thinking of selling the home in the near future. So what is your home worth, and how do you figure out it's value?If you are thinking of selling soon, reaching out to a Real Estate Agent to ...

Market Update for Sept 8, 2023Minneapolis, MN: It's a highly unusual housing market, with home prices hitting new records, but transaction activity at 2008-2010 levels and mortgage rates at 20-year highs.Here's my weekly update on national and local housing news - let me know if you'd like more i...

If you’re like many renters, you rent because you think you can’t afford a home. Maybe you don’t have down payment money or you think you simply won’t qualify for a loan. To make matters worse, you feel trapped within the walls of a house or apartment that doesn’t feel like yours. How could it wh...

FHA to Real Estate Agents. We need each other.Good loans? YES. Minneapolis, MN: Low-down payment FHA loans are the best, or only option for many buyers, but FHA loans are wrongly viewed negatively by many listing agents.The 3.5% down payment requirement makes FHA loans an important financial tool...

Are Home Values Declining?Minneapolis, MN: There has been many predictions of a decline in home values because of higher mortgage interest rates, but it simply hasn't happened. Matter of fact. Home values just keep rising.For all you home buying and selling fence sitters, a bit of good news as mo...

Are starter homes still a thing?Minneapolis, MN: In today's real estate market, "starter home" means something very different than it did 20 (or even 10) years ago, and finances have much to do with that. So, let's reframe your thinking around what a "starter home" is, and that's simply a great p...

Is NOW a Good Time To Buy A house?Minneapolis, MN: Pick your poison... Buy now, and refinance when mortgage rates come back down? Or wait to buy, and watch house prices keep rising, getting more expensive while you sit on the sidelines?Cambria Mortgage is dedicated to providing opportunities for ...

What is the "Lock In Effect"Minneapolis, MN: Simply put, so many people have low mortgage rates, they don't want to buy or move with today's current higher interest rates.  But is that a mistake?First Time Home Buyers still make up a large number of buyers. Whether you're buying your first or you...