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
ARCHIVED BLOG POSTS
2008
1
Comments
Should you be buying a home, modifying your existing loan, refinancing, or running away? Saint Paul, MN: These are certainly trying times, and 70% of homeowners have some sort of financing on their home. The economy is hurting, and fear of job loss is on many minds. But what you should be doi...
12/27/2008
FED ANNOUNCES they will buy Mortgage Backed Securities 4.5% interest on 30-year fixed??? The FED came out today with a few big announcements. 1) First, they have lowered the FED FUNDS Target rate to 0.00 - 0.25%. This is what many rates, like PRIME, is technically tied to. This is good news for ...
12/16/2008
1
Comments
4.5% interest - don't expect it soon. As we wrote hear previously, The Fed has indicated that they would like to buy Mortgage Backed Securities in an attempt to trick the market into having lower fixed rates right now. Talk has been of about 4.5%. The rumors of this action has caused many peo...
12/08/2008
1
Comments
SPECIAL UPDATE: 4.5% loans for PURCHASING A HOME COMING SOON???Government officials have been under enormous pressure to help stabilize home prices and prevent foreclosures. At the same time, they don't want to appear to be using taxpayer money to bail out undeserving individuals and institution...
12/04/2008
Rainmaker
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238,639
JosephMetzler
Sr Loan Officer
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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.