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

2012 

  Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates virtually unchanged and remaining near their record lows amid growing concerns around the fiscal cliff. The 30-year fixed-rate mortgage has averaged below 4.00 percent all but one...
11/29/2012
FHA Mortgage Insurance MAY soon to be life of loan Minneapolis, MN:  The Federal Housing Administration (FHA) has announced that sometime in 2013, all new FHA insured mortgage loans will now require the monthly mortgage insurance be on the loan for the entire LIFE OF LOAN. Currently, FHA mortgage...
11/26/2012
Minneapolis, MN: If you are on the internet, you are bound to see multiple ads from Amerisave Mortgage. They are everywhere!  Thier advertisements always proclaim to have what would be the best interest rates in the market. To any industry insider, there were, and continue to be, serious reservat...
11/24/2012
Mortgage Rates Dip To New Record Lows - for week ending Nov 9th, 2012* Minneapolis, MN.  Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates dipping to new all-time record lows amid indicators of higher consumer confidence and lower ...
11/15/2012
USDA Rural Development Loans - ZERO DOWN PAYMENT HOME Loans STILL Available We provide these loans in Minnesota and Wisconsin Rural Development Loans are designed to provide rural home financing for first-time homeowners or those who don't own structurally sound or adequate housing. Funds can be ...
11/10/2012
Mortgage Rates Settle in Near Record Lows Minneapolis, MN: Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates mixed following the monthly employment report but continuing to hover near their record lows over the past six weeks. Last...
11/07/2012
Found your dream home - But it needs a little repair? The FHA 203k rehab loan to the rescue! Minneapolis, MN: The FHA  203(k) loan program offers borrowers the resources to buy that great fixed-upper home opportunity. One single loan is used to pay for the purchase (or refinance) and the cost of ...
11/07/2012
First Time Home Buyers in MN - DON’T pay another penny in rent! It is an exciting and scary venture buying your first home.  You need a licensed, experienced advocate on your side that will show you the ropes and explain everything. You won't get that from an unlicensed bank clerk who treats you ...
11/04/2012
Mortgage Rates Continue To Hover Near Record Lows St Paul, MN: Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates moving slightly lower while continuing to remain near their all-time lows this week amid signs of a growing economy an...
11/01/2012
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