Financing

How a FED rate increase affects mortgage rates, buyers and sellers

The Federal Reserve has been increasing rates this year and is expected to raise rates again this month. So how does that affect you and how does it affect interest...
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Tips to start your home buying process

Buying a home for the first time can feel like a huge undertaking! When you are first starting, it can be complicated but it doesn’t have to be! Here are...
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Ways to improve your credit score

Everyone can benefit from improving credit scores, especially when buying a home. The higher your credit score, the better your chances of getting approved for a mortgage, it can also...
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Tips for buying a home now

Have you been thinking about buying a home? Not sure if it’s a good time? Worried about interest rates? Here are some tips for those thinking about buying. 3 Tips...
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Housing Market?

Why Experts Say the Housing Market Won’t Crash [INFOGRAPHIC] Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there...
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Adjustable rate mortgage vs Fixed rate mortgage

When interest rates are increasing like they have been this year, many people start thinking about adjustable rate mortgages (ARM). Every homebuyer is different and when it comes to looking...
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Are we in a housing bubble?

3 Graphs To Show This Isn’t a Housing Bubble With all the headlines and buzz in the media, some consumers believe the market is in a housing bubble. As the housing market...
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July Fed Meeting

The Federal Reserve held their July meeting this week. As expected they raised the interest rate by 75 bps which affects the overnight borrowing rate for banks. This also affects...
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Sharon and John Hensrud

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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.