By

Leslie Vanderwerf

Are you looking for some extra cash?

A cash out refinance may be the answer. Depending on the equity in your home, a cash out refi may be an option. A cash out refinance replaces your current...
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Mortgage Market

Mortgage update

The Fed met this week and the best news is they held interest rates steady as expected. Here are some things you may want to know about mortgage rates and...
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Interest Rates

Mortgage updates

The last couple of weeks have not been nice to interest rates. Rates have risen for the seventh straight week as higher Treasury yields and expectations for more Fed rate...
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Mortgage Market

Mortgage Update

This past week has been a wild one when it comes to mortgage interest rates. Last week inflation numbers came in as expected or higher. Then the employment numbers for...
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Houses Money

Second mortgage vs home equity loan?

Is there a difference between a second mortgage and a home equity loan? A second mortgage means the loan is subordinate to an existing mortgage. If you own the home...
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Mortgage Update

The last couple of weeks have been a bit frustrating for those hoping interest rates might drop a bit. The Middle East conflict has been pushing borrowing costs higher with...
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What is a reverse mortgage?

Reverse mortgages are designed to allow older homeowners to access the equity in their home. Monthly loan payments are optional because the loan is repaid when the borrower sells the...
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Mortgage updates

This has been an interesting week and maybe month in the mortgage industry! Mostly to do with the bond market and interest rates. I would love to say rates are...
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The HomesMSP Team is committed to meeting you where you are and listening… really listening to understand you so we can use our extensive knowledge of the market and local neighborhoods to give you personalized service.