Financing

A quick review for 2017

It's hard to believe that 2017 is here – but it's only days away!  There aren't too many changes for 2017 but here are some things to think about. Mortgage...
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HARP loans extended to Sept 2017

Fannie Mae and Freddie Mac have been participating in a program that allows homeowners to refinance their home even if they are "under water" – meaning the appraised value is...
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How interest rate impacts your buying power

Mortgage interest rates have been a big topic of conversation lately, and with the Fed raising rates last week it is becoming more than just talk. But what difference does...
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Mortgage rates since the election………

This has been quite a year for mortgage rates – both up and down!  Great Britain voted to leave the European Union, global markets were in turmoil and then the...
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Closed…finally!! Why I recommend using a local lender with in-house underwriting and funding

After several delayed closings due to lenders I decided it was time to share my latest closing ordeal.  When my buyers visited her son and his family in the Twin...
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Fed leaves rates alone – this time

The Federal Reserve met this week and decided not to raise rates this time.  Their message after the meeting was that the economy continues to expand moderately and inflation is...
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Things that can drive your mortgage rate higher

The newspaper and the internet shows all these great mortgage interest rates, but when you call, your rate is higher? Why? What drives your rate higher than what is published?...
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All I need is my down payment to buy a house… right?

If you are diligently saving to buy a home, good for you! But don't neglect to also save for other costs besides your down payment. Inspection – not required, but...
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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.