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

Homeownership has many benefits.According to multiple sources, here are the top 5 advantages of homeownership: Financial stability: In terms of both lifestyle and monetary stability, buying a home provides a new sense of reliability to first-time homeowners. Financial strength: If you are a first...

Minneapolis, MN: Should you keep renting, or is it time to buy? That is a question may people are asking right now.You have to live somewhere, and that somewhere almost always should be your own home, plus the benefits of homeownership generally mean, no matter what is going on in the real estate...

Real Estate Realities:  2021 vs 2023Should you buy a home now that mortgage interest rates have gone up? YES. The real estate and mortgage market is very different today than it was as recent as March 2022.Joe Metzler, a Senior Loan Officer with Cambria Mortgage in St. Paul, MN does some math and...

Looking to buy a home in today's market, and not liking the current interest rates?Can't blame you, but it is still a good time to buy a house, as today's rates still make it cheaper to own than overpaying did during the housing bidding wars of 2020 and 2021 with lower interest rates.With over 50...

Are you financially prepared to buy a house?  Let's find out.Minneapolis, MN: Many people think they can't buy a house, but they actually can.Here is a quick little review of the basic items needed to qualify for a mortgage, and is great information, especially for first time home buyers.With ove...

Yes, mortgage rates are higher today, but...Minneapolis, MN: Everyone is talking about today's higher mortgage interest rates, but that is only compared with the past two years. From a historical standpoint, mortgage rates are not bad.  Plus, home ownership is a lot more than just rates. You need...

What Income Is Needed to Buy a $400,000 Home in 2023Minneapolis, MN:  What income do you need to buy a $400k home in 2023? Let's do some basic math for mortgage loan qualifications.Buying a home in Minnesota, Wisconsin, Iowa, North Dakota or South Dakota, Florida?  Then also visit JoeMetzler.com/...

Mortgage 101, a first time home buyer seminarMinneapolis, MN:  If you are thinking about buying a home, this video is for you.Mortgage 101 - A 30 minute Home Buyer Seminar explaining the home buying process by Cambria Mortgage, the Joe Metzler team. Great for first time home buyers. Everything yo...

How to buy a Minnesota home with as little as $1000Minneapolis, MN:  Lack of down payment money is one of the biggest obstacle to buying a home.Watch this video to learn how to buy a home in Minnesota with as little as $1000 *. Information on a Minnesota first time home buyer program using down p...

The Three Types Of Mortgage Loan OfficersMinneapolis, MN: Congratulations on wanting to buy a home.  Unless you have cash, you are going to need financing.  If you need financing, you are going to speak to a Mortgage Loan Officer. Not all Loan Officers are created equal. Assuming the person who a...