Financing

House Cash

Buying a home in trust for cash? New reporting required as of 3/1/2026

The Financial Crimes Enforcement Network (FinCEN) is a bureau of the U.S. Department of the Treasury focused on combating money laundering and financial fraud. A new FinCEN reporting requirement is...
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How to read a credit report

A credit report can be confusing to those that aren’t used to reading them. They contain a lot of information about you and your borrowing history. It shows how you...
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5% down on multi-family homes

Have you thought about buying a new home? Maybe buying a multi-family home? Fannie Mae has lowered the down payment required for 2-4 unit homes to 5%. This means if...
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Mortgage Updates

This past week helped mortgage rates a bit. The bond market strengthened with employment numbers which helped interest rates a bit. The 10 year treasury yield fell to around 4.14%...
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How much home can you afford?

Are you thinking about buying a home? One of the first questions is usually how much can you afford? There isn’t a one size fits all answer to this question,...
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Credit scores and buying a home

Many factors come into play when you are buying a home, income, credit and down payment are the main areas you need to focus on. How does your credit score...
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Fed meeting this week

This week was the last Fed meeting for the year. The Fed did as most expected and lowered rates by .25 point again. As is normal, it was the comments...
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Mortgage Market Update

This was a steady week in the market with little interest rates movement. However important data and Fed signals are now back in focus. Here’s what that means for us...
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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.