This question was asked on the Consumer Protection Finance Bureau's website and the regulator's answer is listed as: "Prequalification is a lender’s estimate of how much you could be eligible...Read More
In the last few weeks I have had several clients call me about refinancing. There are definitely times that you should refi and there are reasons not to do it....Read More
For those that sold their homes with a short sale (selling for less than they owed), things are going to change soon. Fannie Mae has allowed you to buy a...Read More
For many graduating from college or starting in a new area, it's difficult to buy a new home until you have been on your job for a while. What happens...Read More
Mortgage interest rates will be volatile this week – there is a lot going on that can affect rates quickly. The Federal Reserve Board met this week and issued their...Read More
Congratulations!! Your purchase agreement was accepted by the seller, now life should be easy!! Or will it? For some people the mortgage process can be very easy – or at...Read More
In the Minneapolis/St Paul area, there are lots of townhomes and condos for sale. The most important thing for you to know when you are buying one is if...Read More
The number of first-time homebuyers has declined in recent years. Often the hardest part of the process is coming up with the down payment and credit approval to buy. Gift...Read More
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