By

Leslie Vanderwerf

Comparing costs and rates

With mortgage rates at all time lows, homeowners are refinancing if at all possible!  For those that are looking at refinancing or at buying a home it pays to compare...
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How to go from “approved” to “unapproved”!

Once you get your mortgage approval, everything is good, right??  NO!  Mortgage approval is still based on the three areas of credit, income and equity.  However now more than ever,...
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VA funding fee changes

Everything else keeps changing – why not VA loans too!!  However, these changes will save you some money! The VA funding fee (a fee that is charged on all VA...
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Mortgage rates

Mortgage rates are staying low for now – if you had asked me about rates 3 months ago and said that you wanted a 30 yr fixed rate at 4%, I might...
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Locking in your interest rate…..

Mortgage interest rates change daily, hourly, sometimes by the minute!  Mortgage rates are like the stock market, they are constantly changing.  The pricing that is there in the morning is...
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What happens after a foreclosure or bankruptcy?

So can you ever buy a home again after a foreclosure?  What happens if you file bankruptcy?  I have had clients call asking if they can ever do anything and...
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Refinancing your mortgage!

With interest rates as low as they are, it's a great time to buy a home.  The cost of home ownership has dropped with the drop in interest rates.  As...
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FHA loan limits dropping

In 2008, the Housing and Economic Recovery Act was passed and it allowed conventional and FHA loans to increase their maximum mortgage.  In certain areas, conventional loans were allowed up...
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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.