First-Time Homebuyers

Buy now with private mortgage insurance or keep saving?

There are many that believe you need 20% down to buy a home, that is not the case but you will need private mortgage insurance (PMI).  What is PMI? Private...
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How much cash do I need to buy a home?

You may be surprised at how much cash you need to buy a home… it could be less than you expect to get a mortgage. But your costs go beyond...
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mortgage rate updates

The Federal Reserve met this week and did not change interest rates.  This was their first meeting in 2017 and the vote was unanimous to keep rates at the current...
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FHA fee cut cancelled – at least for now

On January 9th, HUD announced a cut in the annual (monthly) mortgage insurance fee – it was going from .85% to .60% effective with closings on January 27, 2017. It...
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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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Staging or decorating on a budget? Check out Empty the Nest Thrift Store!

A client recently was excited to show me what she had done to her house since she bought it. She has done some fabulous renovations, but she was super excited...
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Changes for MN Housing programs

Minnesota Housing has announced some changes to their programs.   One of the changes that will help people affects the pricing for MN Housing loans. Both FHA and conventional loans...
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Programs to help first time homebuyers

There are some specialty programs geared towards first time homebuyers and some will also help those that are trying to buy their second or third home!  Some of these programs...
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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.