Minnesota Mortgage Blog - Mortgage and Real Estate News You Can Use
Mortgage industry news and insights from a 15+ year industry expert. Mortgage and Real Estate News You Can Use
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2016
Minneapolis, MN: Just 10-years ago, 30-year fixed rates were 6.125%, and the real estate market was hot. With rising interest rates, 2017 may be a bit more challenging for home buyers. But the biggest challenge for most people who wish to buy a home is down payment.You do not need 20% down payme...
12/29/2016
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Minneapolis, MN: The Consumer Financial Protection Bureau (CFPB) has been receiving a large number of complaints about misleading advertising for VA refinance loans.The Bureau reviewed about 1,800 of these complaints received since record keeping started in 2012, all of them about refinance trans...
12/23/2016
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Average Credit Scores Up for Mortgage LoansMinneapolis, MN: The quality of the average home buyer continued to climb in 2016, making for the highert quality of home loans since 2001. Getting better in three categories; credit score, debt ratio, and equity position.The average credit score in 3rd...
12/21/2016
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The Fed has finally hiked rates. Now what?The Federal reserve hiked the Fed Funds rate yesterday for only the second time in 10-years by 0.25%. The last hike was last December, which was also 0.25%.The hike was well anticipated, and by itself didn't cause any real issues. But what was a big conce...
12/15/2016
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Joe Metzler
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Mortgage industry news and insights from a 15+ year industry expert. Mortgage are Real Estate News You Can Use.
Joe is a Certified Minnesota Mortgage Specialist, who provides home mortgage loans not only in the Minneapolis, St Paul area, but all of Minnesota and Wisconsin.