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

Temporary Interest Rate BuydownsMinneapolis, MN: For those who are looking to purchase a home in the near future, it's inevitable that you've begun to worry about the rising mortgage interest rates, and how that may affect your home buying journey.Fortunately, Cambria Mortgage offers home loan op...

Mortgage interest rates. Float or Lock? Minneapolis, MN: Under contract to buy a house, or looking to buy a house? In today's interest rate environment, should you lock or float the loans interest rate? What is lock or float, and what is a float down option? Here Joe Metzler, Senior Loan Officer...

The 2-1 buydown, facts and fiction. Minneapolis, MN: They say if you live long enough, you see everything come back around, and that is very true for the 2-1 buydown mortgage loan option that has magically reappeared on the market the past few months.Simply put, a 2-1 buydown is a temporary subse...

Use seller paid closing costs to sell your home faster. Minneapolis, MN: The real estate market has changed very dramatically the past few months as mortgage interest rates took a big jump, slowing down buyers and removing a lot of the crazy multiple offers being made.As homes are taking a while ...

Your Housing Market Questions AnsweredIf you have questions about what is happening in the mortgage world right now, you are not alone. Between increased mortgage interest rates, shifting inventory and leveling home prices many consumers have questions about what this all means. Don’t worry, we’v...

Minneapolis, MN: Yes. home prices are rising. Yes, mortgage interest rates are rising.But rental costs are rising too.So while it’s true that today's home buyers might have to lower their purchase price budgets, they can take comfort in knowing that they’re making a monthly housing payment one wa...

Minneapolis, MN: Mortgage interest rates are always changing. With inflation currently at a 40-year high, the FED is aggressively raising the cost of borrowing money to try to flow down inflation. This current inflationary market has caused havoc to home buyers, not only in the basic interest rat...

Life is better at the lake!That is why Cambria Mortgage is so proud to offer our Minnesota, Wisconsin, Iowa, North Dakota, and South Dakota clients awesome financing for buying a second home or vacation property! We all know life is better at the lake!We also make it easy to apply, to determine h...

Minneapolis, MN: Congratulations, you've decided you want to buy a home and use one of your best VA benefit, the VA home Loan. As you begin working with the real estate agent, they shock you by talking about your chances of getting your purchase offer accepted with a VA Loan in today's sellers ma...

Mortgage Rates On The InternetMinneapolis, MN: Buying or refinancing a home is typically the largest financial transaction of your life. Shopping for the best interest rate just makes sense, but as with so many other things, caveat emptor, or latin for "let the buyer beware."Many lenders post the...