By

Leslie Vanderwerf

Closing cost assistance

So you are buying your first home – or maybe it’s your second – remember those closing costs? We talk about the down payment but not everyone thinks about the...
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How long will mortgage rates stay low?

Mortgage interest rates have been lower than we expected this year and everything seems to indicate they will stay that way for a while! The Fed’s interest rate policy is...
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Are we in a recession? How does that affect housing?

On Monday, the National Bureau of Economic Research (NBER) announced that the U.S. economy is officially in a recession. This did not come as a surprise to many, as the...
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How has covid-19 changed mortgages?

Mortgage rates, mortgage applications and the ways lenders do business have all been impacted by covid-19. No surprise – but how has the process changed for the home buyer? In...
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Updates on mortgage forbearance

Mortgage forbearance sounds like a great deal! You can skip some of your payments and if you have lost your job, that can really help. However, there are issues that...
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How do you get rid of PMI?

Mortgage insurance can be a big cost for homeowners. It may be anywhere from $100-200/month! Just think if you could get rid of that part of your mortgage payment!! I...
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Will forbearance hurt you?

Since the CARES Act rolled out in April, many homeowners have put their mortgages on hold for up to 12 months. How does that affect you in the future? The...
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First time homebuyer programs

Being a first time homebuyer has some perks! There are some programs that will allow you get down payment assistance, lower mortgage insurance and sometimes grants that do not need...
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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.