Financing

Does the Fed interest rate drop affect mortgage rates?

The Fed met this week and for the first time in 11 years cut interest rates! The last rate cut was in 2008. Just a few months ago, a Fed...
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Mid year housing update

There are some shifting trends and research showing some valuable information for those thinking about buying and selling this year. Here are three things to keep on your radar if...
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Should you refinance your home?

With interest rates dropping lower than they were last year, many homeowners are thinking about refinancing. Is it something you should think about? Here are some questions to ask yourself...
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Reasons to buy a home rather than rent

The American Dream has been to own a home for years. Owning a home helps you build savings with your mortgage payments- the equity in your home is yours, not...
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How you do eliminate mortgage insurance?

Do you have a conventional loan with mortgage insurance? Once you get to 80% of the original purchase price, you can look into eliminating that payment! If you have an...
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What is PMI?

What is private mortgage insurance? Why do you need it? Freddie Mac defines private mortgage insurance (PMI) as an insurance policy that protects the lender if you are unable to...
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What affects your credit score?

You know you want to buy a home, you know you should watch your credit, but what to do? There are a few things that can affect your credit report...
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What is the best home loan option for you?

As a homebuyer, there are many options for your loan. Everyone is different – the best option for you may not work for someone else.  There are many factors that...
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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.