MN Mortgage Matters

Do You Have What It Takes To Get The Loan? When looking to get pre-approved for a loan, there are many factors to consider so you get the lowest interest rate possible for your mortgage. Here are the minimums you should consider when applying for a mortgage: The minimum down payment most lenders ...

‘HARP 2.0’ Implementation Continues As we near the end of 2011, the holidays can normally drive slightly higher mortgage rates as investor demand pulls back. Rates, however, have remained aggressive as ever as the balance of supply of mortgage applications versus investor demand has remained stea...

Relocating in 2012? Tips to Make It Easy Maybe you got the job of your dreams, or maybe you’re just looking for something new, but either way, you’re suddenly faced with the daunting task of picking up your life and relocating it to a new state. How do you know which areas are family friendly in ...

Housing Rebound Predicted for 2012: 6 Reasons Why The New Year is almost here, but what can we expect to see in 2012? Experts say that there have been strong signs that the single-family housing market is ready for a rebound this year. The National Association of Realtors is forecasting that ther...

Should You Get a 30-Year or 15-Year Mortgage? Last week, we wrote about what you should expect if you get a 30-year fixed mortgage. Another popular option is a 15-year fixed mortgage. Both will keep your interest rate and monthly payments the same throughout the life of your loan, but how do you ...

Reasons Why We Need So Much Documentation From You As you prepare for a mortgage application, we want to educate you on why we ask for, what may seem like, an excessive amount of documentation during your mortgage process. Due to lax underwriting from 2004 to 2008, Fannie Mae and Freddie Mac deci...

Real Holiday Movie Homes The holiday season is usually associated with family and home. So it’s no wonder that when it comes to some of our favorite holiday movies, the homes are just as memorable as the movies. While some of these homes were created by Hollywood, there are a few that are real. H...

90 Day Flipping Waiver Set to Expire Currently, the 90 day flipping waiver that is in place allows properties to be re-sold within 90 days and the seller won’t come under any specific exemptions that apply to the 90-day rule. However, this waiver is set to expire on December 31st, 2011! HUD has n...

What Is a 30 Year Fixed Mortgage? We know that getting a mortgage can get frustrating, especially if you’re buying your first home. There are many options and terms associated with a mortgage: fixed vs. ARM, FHA, Jumbo and so much more. At Guaranteed Rate, we never like to leave anyone in the dar...

Will Renters Save the Housing Market? Recent news has been buzzing about how the market is improving, but it’s been a slow growth. Many are wondering what can give it the extra boost it needs to be completely healthy, and some are answering it with an unusual answer: renters! Because homeownershi...