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Minneapolis, MN: Mortgage interest rates are great, and a lot of people are again running back to their lender to take advantage of these near historic interest rates. Shopping for a home loan is confusing. Rates, closing costs, no cost loans, and more... But the less we know, the more we can e...
So you want to buy a home, and have student loan debt? A frequent news item is the level of student loan debt outstanding, and the press claiming that student loan debt is preventing young adults from purchasing homes. Clearly debt can be a hinderance to many things, including buying a home. Ye...
FHA will cut its mortgage insurance premiums to 0.85 percent, a 0.5 percentage point reduction (down from 1.35%) President Obama was expected to make the announcement on Thursday in a scheduled speech on the housing market, but the White House made it official following initial media reports. ...
How to pay PMI. Minneapolis, MN: When buying a home and getting a mortgage, if you don't put at least a 20% down payment, you are going to have to deal with something known as PMI, or private mortgage insurance. For government loans, like FHA loans or USDA rural Development loans, it is simple ...