Financing

How much do you need for a down payment?

Many buyers think you need 20% down and that is not true. You can buy a home with a conventional loan with as little as 3% down. So what is...
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The emotional benefits of home ownership………..

When I first saw this post on one of our blogs, it reminded me of one of the questions I ask in a first time homebuyer class. When I start...
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Mortgage update……..

The last few months have been a roller coaster when it comes to mortgage rates. Unfortunately the roller coaster seems to be going up more than coming down! However, last...
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VA Loans

What are the Benefits of a VA Loan? Believe it or not, buying a home doesn’t always require a traditional 20% down payment. If you’re a current or former member...
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November Fed meeting…………

As expected, the Fed raised the Federal Funds rate by 75 bps. So the rate that banks borrow overnight is now 3.75-4%. In the beginning of this year it was...
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Should you buy now or wait?

The Cost of Waiting for Mortgage Rates To Go Down Mortgage rates have increased significantly in recent weeks. And that may mean you have questions about what this means for you if...
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What is a 2 – 1 Buydown?

What is a 2-1 Buydown? As interest rates climb, temporary buydowns have become an avenue that some sellers and buyers may consider. A 2-1 buydown program is a concession offered...
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How the Fed’s September rate increase affects mortgage rates

The Federal Reserve met this week and at the end of their meeting announced the expected rate increase of .75% to the bank’s benchmark rate. This move was expected as...
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Sharon and John Hensrud

About Us

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.