Financing

2020 mortgage thoughts…….

So 2020 is almost here! What is going to happen in the mortgage market? Interest rates – will they go up, down or stay the same? No one knows for...
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FHA 203K rehab loans

So you are looking for a fixer-upper? This can be a good choice depending on your situation. Homes that need some repairs may have less competition from other buyers –...
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New loan limits for 2020

Every year about this time Fannie Mae and Freddie Mac come out with updates to the conforming loan limit. This year the limits jumped over $500,000! There were also changes...
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Don’t get hung up on home prices. It’s cost that is most important.

Home buying activity (demand) is up, and the number of available listings (supply) is down. When demand outpaces supply, prices appreciate. That’s why firms are beginning to increase their projections...
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How do down payment assistance programs work?

For many people, saving for a down payment is the biggest hurdle when it comes to buying a home. Most do not know there are programs available in many states...
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Buying a home can be scary until…….

Buying a home can be scary until you know the facts! One major fact is you do not need 20% down to buy a home. I just had a phone...
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USDA loans

Lately I have had more clients using USDA rural loans and wanted to let others know about the program. This is a fantastic loan for those buying outside the Minneapolis...
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What do you need to know about the mortgage process?

So you want to buy a home? Where do you start? What do you need to do? How do you qualify? To get started in process you will need a...
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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.