Federal Housing Administration (FHA) mortgages are decreasing the maximum loan size allowed to $318,550 in 2009, from $362,790 in 2008, within the greater Twin Cities metro market. This may reduce...Read More
If you are buying a home you obviously need money from somewhere to pay for it. In fact, an important part of making your offer is showing how you plan...Read More
If you haven't taken time yet to appreciate the fall colors and falling leaves don't miss your chance before they are gone…it sounds like temperatures are going to be falling...Read More
We were just notified yesterday that we can now go to 97% loan to value on condos! That is wonderful news that should help buyers and sellers! The biggest stumbling...Read More
While we wait to see what Congress does with the $700 billion bailout, real estate and mortgage business continue!! Wednesday evening the Senate passed their version of the bailout and...Read More
What a week!! Last week Fannie Mae and Freddie Mac were taken over by the government to help stabilize the housing market. Rates dropped quickly with the news. This week...Read More
As many are aware, low down payment mortgages are getting more difficult to get. FHA is still available for those with credit scores as low as 580, possibly down to...Read More
One of the biggest problems that first time home buyers face is coming up with money for a down payment. There are several programs available to help with down payment,...Read More
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