Financing

Refinancing your mortgage!

With interest rates as low as they are, it's a great time to buy a home.  The cost of home ownership has dropped with the drop in interest rates.  As...
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FHA loan limits dropping

In 2008, the Housing and Economic Recovery Act was passed and it allowed conventional and FHA loans to increase their maximum mortgage.  In certain areas, conventional loans were allowed up...
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Mortgage interest rates falling!!!

So two weeks ago, we were all concerned about the national debt ceiling and if it wasn't addressed, what would happen to interest rates.  Then Congress passed a bill to...
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USDA loans getting more expensive…

USDA loans are still zero down 30 yr mortgages however, they will be slightly more expensive after September 30th. USDA loans are for rural areas and in the Minneapolis St...
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Mortgage interest rates

Mortgage interest rates have been very volatile over the last couple of weeks.  We haven't seen a huge increase but one day they improve slightly, the next they tend to...
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Down Payment Assistance

There are several different down payment assistance programs available depending on where you are buying a home.  Most programs require you to be a first time homebuyer and be under specific...
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Processing your loan….

Once you are preapproved and have found a house to buy, the process doesn't stop!  After your purchase agreement is accepted, you will want to have an inspection on the...
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Random tidbits of real estate wisdom

Going on a home tour? Wear shoes that are easy to slip on and off Get pre-approved for financing, so when you find a home you love you are in 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.