Our Newsroom

The end of March saw a period of exceptionally stable mortgage rates, with minimal day-to-day fluctuations. However, this trend started to shift at the beginning of April. Bond markets, a key indicator for mortgage rates, began to weaken as traders started selling, leading to an increase in yields. In the world of bonds, higher yields […]

According to the Mortgage Bankers Association (MBA) mortgage servicers provided forbearance to approximately 8 million borrowers since March 2020, the onset of the COVID-19 pandemic. If your mortgage forbearance period is ending, and you’re facing financial difficulties, you have a few options on recovering after forbearance: Request a Forbearance Extension: Call your lender to ask […]

Coming soon is the Minnesota First Generation Homebuyer Loan Program, below is all the information available at this time to help prepare you for this new program. In the upcoming Spring, Minnesota Housing will introduce the Minnesota First-Generation Homebuyer loan initiative tailored for first-generation buyers. Eligibility for this program is extended to individuals whose parents […]

Many people have seen insurance companies starting to increase rates late 2022 and are expected to see increases throughout 2023, and into 2024 but just aren’t understanding the surge in Minnesota homeowners insurance premiums. Why is this happening? Inflation and weather. Inflation, which has become an ugly word in 2022, continues to play a major […]

USDA Zero Down Home Loan Options for Rural Areas Living outside of the Twin Cities Metro and working alongside REALTORS in Minnesota and Wisconsin gives me the opportunity to educate and complete transactions using USDA Rural Development Guaranteed Loans such as USDA zero-down home loan options for rural areas. Rural Development Guaranteed Loans are a […]

A trend that has come to the forefront of home buying and selling is the increased inclination towards one-stop shopping and a growing trust in firms affiliated with their real estate agent. Recent studies on home buyer behavior have offered the following insights: Stability in One-Stop Shopping: 95% of home buyers surveyed in 2019 expressed […]

With rising interest rates forcing many potential buyers to the sidelines, we are starting to see more listings grow stale resulting in price reductions. It’s never easy to tell your client we need to reduce the price to get more action, but as rates creep closer to 8%, the reality is that we need to […]

Fall 2023 – Mortgage Market Update: Navigating Interest Rates as Buyers and Sellers Fall brings more than just a change in foliage; the mortgage market this season is bustling with speculation and strategy. Interest rates, a key player, have had everyone’s attention. Let’s delve deep into what the current rate landscape looks like for buyers and […]

If you’re thinking it’s a bad time to upgrade to a bigger home – think again.   If you’re wondering why so many Minnesota homeowners are trading in their current homes for a better one – one with more room, more features, or in a better school district – here’s why and how they’re doing […]

Can’t find an affordable dream home? Renovation loans can turn fixer-uppers into fabulous. During the second half of 2020, shortages of homes for sale – especially those priced under $300,000 – turned the Twin Cities real estate market into a buyers’ battleground, with low interest rates fanning the flames. One local Realtor®, after receiving 22 […]