Minnesota Mortgage Blog - Mortgage and Real Estate News You Can Use

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Mortgage and Lending - Cambria Mortgage - NMLS 274132
Mortgage industry news and insights from a 15+ year industry expert. Mortgage and Real Estate News You Can Use

ARCHIVED BLOG POSTS

2008 

The real estate market today is one of the toughest in recent history. A large number of foreclosed homes on the market is marking it tough on the traditional home seller. While every market is different, most areas have seen about a 10% drop. The mortgage industry has tighten lending, with a vir...
04/26/2008
Modernizing the FHA: They aren't going the right way!  CONGRESS - Just leave it alone!   Measures in the bill would overhaul the Federal Housing Administration's loan insurance program, which helps homebuyers with weak credit or little cash get an affordable mortgage.The changes proposed in the b...
04/04/2008
 NEW APPRAISAL GUIDELINES This is another in a long list of dumb things coming out of the mortgage market meltdown.  Consumer costs just went WAY up, there will be no such this as fast closings anymore, and the entire industry will be hand tied because of the criminal actions of a few. How about ...
04/04/2008
 The Metzler Group at Great Rivers Mortgage bucks mortgage industry collapse by selling new Home Ownership Accelerator® Loan. Introduced in the US in 2005, innovative all-in-one home loan combines personal checking with mortgage to help borrowers save thousands in interest payments.Saint Paul, MN...
04/01/2008
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