Financing

Is it time to refinance?

For those that have not refinanced in the last couple of years, you may want to think about it now.  Rates are great, but slowly starting to increase. Home prices...
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Basic Real Estate Terms

There are times when I am talking with homebuyers and I realize they don't understand the "language" I am using!  Sometimes it doesn't matter whether you are a first time...
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Improve your credit score

It's cold outside but many are thinking about a buying a new home this year.  Now is the time to check your credit report and make sure there aren't any...
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CFPB’s new ‘qualified mortgage’ now in effect

Last week, the Consumer Financial Protection Bureau’s (CFPB) new qualified mortgage rule went into effect.  It is also known as the ability to repay rule.  This is designed to help...
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How much do you need for a down payment?

Over the last couple of years, there has been a rumor floating around that you need 20% down to get a mortgage.  That is a rumor!  There are several programs...
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Tax benefits for home ownership

Tax season can be a burden for some people but if you own a home, there can be plenty of advantages!  The U.S. tax code has several benefits for those...
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2014 – what’s expected in the housing market?

We know that the Fed has started to taper it's quanitative easing program which has helped keep interest rates lower.  So we expect that mortgage interest rates will slowly rise,...
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Record surge in home equity means more options for homeowners

Homeowners' net equity showed record growth nationwide for the 12-month period from third quarter 2012 to third quarter 2013, according to data released by the Federal Reserve. If you are...
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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.