minnesota: Existing Home Sales Numbers Show Value Gains Across America
- 04/24/13 03:53 AM
Existing Home Sales Numbers Show Value Gains Across America The National Association of REALTORS® released its Existing Home Sales report for March on Monday. Sales dipped from February’s seasonally adjusted annual rate of 4.95 million to 4.92 million existing homes sold in March, a decrease of 0.6 percent month-to-month. This reading was lower than Wall Street’s consensus of 5.03 million existing homes sold, but there is also good news. Sales of existing homes are up by 10.3 percent as compared to March 2012. Economists note that existing home sales have performed within a narrow range of 4.90 to 4.96 million … (0 comments)
minnesota: Simple Explanation Of The Federal Reserve Statement from 12/12/2012
- 12/13/12 01:25 AM
Simple Explanation Of The Federal Reserve Statement from December 12 , 2012 The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. For the tenth consecutive meeting, the FOMC vote was nearly unanimous. Richmond Federal Reserve President Jeffrey Lacker was the lone dissenter in the 9-1 vote. The Fed Funds Rate has been near zero percent since December 2008. In its press release, the Federal Reserve noted that, since its last meeting in late-October, the U.S. economy has expanded “at a moderate pace” despite “weather-related disruptions”. It also … (0 comments)
minnesota: Mortgage Rates Dropping After Release Of Fed Minutes
- 08/24/12 03:41 AM
Mortgage Rates Dropping After Release Of Fed Minutes Eariler this week, the Federal Reserve released the minutes from its 2-day meeting which ended August 1, 2012. Since the release, mortgage rates have dropped. The Fed Minutes are released on a schedule, three weeks after the FOMC adjourns from one of its 8 scheduled meetings of the year. The Fed Minutes are meeting minutes; like you’d see after a corporation shareholder meeting, or after a condo board meeting. Specifically, the Fed Minutes details the conversations among Federal Reserve members which shape our nation’s economic policy. The most recent Fed Minutes show … (1 comments)
minnesota: Freddie Mac 30-Year Fixed Rate Mortgage Rates Rises To 3.55%
- 08/03/12 12:31 AM
Freddie Mac 30-Year Fixed Rate Mortgage Rates Rises To 3.55% <!-- This material is non-exclusively licensed to Shawn Gerhardson and may not be copied, reproduced, or sold in any form whatsoever.--> Mortgage rates couldn’t fall forever, it seems. This week, for the first time since mid-June, the 30-year fixed rate mortgage rate climbed on a week-over-week basis, moving 6 basis points to 3.55%, on average, nationwide. According to Freddie Mac, 3.55 percent is the highest average rate at which the benchmark product has been offered in close to 4 weeks. The Freddie Mac published mortgage rate is available for prime borrowers … (0 comments)
minnesota: Fed Minutes Suggest Fiscal Stimulus Later This Year
- 07/12/12 12:35 AM
Fed Minutes Suggest Fiscal Stimulus Later This Year The Federal Reserve released the minutes from its June Federal Open Market Committee meeting, revealing a Fed divided on the future of the U.S. economy. Mortgage rates are higher after the release of the minutes. The Fed Minutes is the detailed recap of an FOMC meeting. It is the companion piece to the more brief, more well-known post-meeting FOMC press release. For a comparison, whereas the Fed’s June 20, 2012 press release contained 5 paragraphs and 490 words, the same meeting’s minutes contain 62 paragraphs and 7,508 words. The extra detail afforded … (0 comments)
minnesota: Gorgeous Property on 16 Acres Stanchfield MN
- 05/20/08 02:37 AM
Here's another listing from Carrie Gibbs with Century 21 Moline We love to help agents market their properties. For more information go to http://vkingfan.mymarketingbook.com/ … (0 comments)
minnesota: Links for fun things to do in Minnesota
- 04/07/08 09:01 AM
Minnesota is a great place to live. Here are some of the most popular links for things to do in Minnesota Information Courtesy of Shawn Gerhardson with Mortgages Unlimited "Minnesotas Preferred Mortgage Lender" … (0 comments)
minnesota: Easy guide to home mortgage loans and advantages and disadvantages of them
- 04/04/08 02:05 PM
Here is a simple chart that explains some home mortgage loans programs and the advantages and disadvantages they may have.In addition to standard loan programs you may benefit by obtaining one of our many special programs: Purchase your home with no down payment using Private Mortgage Insurance (PMI) or Lender-paid Mortgage Insurance (MI). Piggyback loans: 80-10-10 or 80-15-5. Avoid PMI payments by using Lender-paid MI. Debt consolidation programs. Home Improvement loans. Of course there are thousand of programs that fit into the catagories of home mortgage loans. If you work with an experienced mortgage professional you can find out which home mortgage loan right for you! Information … (0 comments)
minnesota: FHA to help nearly one quarter of a million homeowners refinance and keep their homes!
- 09/10/07 03:50 AM
President George W. Bush has announced that Federal Housing Administration (FHA) will help an estimated One Quarter of a million families foreclosure by enhancing its refinancing program effective immediately. This new program will allow families with strong credit histories who had been making timely mortgage payments before their loans reset-but are now in default-to qualify for refinancing. FHA will also begin implementing a "common sense" risk-based premiums beginning on January 1, 2008 that matches the borrower's credit profile with the insurance premium they pay-i.e., riskier borrowers pay more. Many hard-working American families who were able to make their mortgage payments under their initial risky terms have been struggling … (2 comments)
minnesota: Why should you get an inspection?
- 09/06/07 08:29 AM
Why you should get an Inspection Whether you are buying or selling a home, you should have a professional home inspection performed. A home inspection will look at the systems that make up the building such as: Structural elements, foundation, framing etc Plumbing systems Roofing Electrical systems Cosmetic condition, paint, siding etc If you are buying a home, you need to know exactly what you are getting. A home inspection, performed by a professional home inspector, will reveal any hidden problems with the home so that they may be addressed BEFORE the deal is closed. You should require an inspection at the time you … (0 comments)
minnesota: Why should you buy a home now instead of waiting?
- 07/26/07 04:12 AM
Let me start by saying that there is always going to be an argument either way for waiting to have more money to put down or to buying now and not waiting. Some First-time Home Buyers think that the answer to lowering their payments is to wait and put money down. I would like to show how waiting to put money down might not make as big a difference as you think.
For this example lets assume the following: A house is listed for $150,000 Your P&I (Principal and Interest) payment on a 30 year loan at 7% interest would be: With 0% Down (0.00) =$997.95 With … (3 comments)
minnesota: How to reduce your mortgage quickly
- 07/25/07 09:44 AM
How to Reduce Your Mortgage One Additional Mortgage Payment a Year There's a simple trick to significantly reduce the length of your mortgage and save you thousands of dollars. The trick is to make one extra mortgage payment a year and apply that payment toward your loan's principal. This is the method being used by "Bi-Weekly Mortgage Reduction Services" and "Bi-Weekly Mortgage Savings Programs". Only, when you do it yourself, you don't pay a third party unnecessary set-up costs and fees! Example: $100,000 loan, 30-year mortgage, 6.5% fixed interest rate
One-time Payment It may not be possible for you to increase your monthly mortgage payment. Keep in … (2 comments)
minnesota: About Sturgeon Lake Minnesota
- 07/24/07 03:50 AM
If you are looking to purchase a home in Sturgeon Lake, Minnesota here are some demographics of the area that I thought would be useful to you. If you are moving to the area and would like help with financing or would like me to refer a realtor to you I would be happy to do that for you as well.
Information Courtesy of Shawn Gerhardson with Homestead Mortgage and the . If you would like to estimate payments click on my mortgage calculator … (0 comments)
minnesota: About Willow River Minnesota
- 07/24/07 03:45 AM
If you are looking to purchase a home in Willow River, Minnesota here are some demographics of the area that I thought would be useful to you. If you are moving to the area and would like help with financing or would like me to refer a realtor to you I would be happy to do that for you as well.
Information Courtesy of Shawn Gerhardson with Homestead Mortgage and the . If you would like to estimate payments click on my mortgage calculator … (0 comments)
minnesota: About Sandstone Minnesota
- 07/17/07 01:31 AM
If you are looking to purchase a home in Sandstone, Minnesota here are some demographics of the area that I thought would be useful to you. If you are moving to the area and would like help with financing or would like me to refer a realtor to you I would be happy to do that for you as well.
Information Courtesy of Shawn Gerhardson with Homestead Mortgage and the . If you would like to estimate payments click on my mortgage calculator … (0 comments)
minnesota: Buying versus Renting
- 07/16/07 05:27 AM
Buying a home vs. renting is a big decision that takes careful consideration. But with a little help and guidance you can be on your way to your home. For many years purchasing real estate has been considered an extremely profitable investment. It is an achievement that offers a sense of pride, financial stability and also has some potential tax advantages. Sure there are certain responsibilities associated with owning a home, but it is definetly worth it. Landlords will say that there are benefits of renting for one obvious reason. If you are renting, you're helping them make their mortgage payment. Let's take a … (3 comments)
minnesota: About Pine City Minnesota
- 07/16/07 02:02 AM
If you are looking to purchase a home in Pine City, Minnesota here are some demographics of the area that I thought would be useful to you. If you are moving to the area and would like help with financing or would like me to refer a realtor to you I would be happy to do that for you as well.
Information Courtesy of Shawn Gerhardson with Homestead Mortgage and the . If you would like to estimate payments click on my mortgage calculator … (0 comments)
minnesota: About Finlayson Minnesota
- 07/16/07 01:57 AM
If you are looking to purchase a home in Finlayson, Minnesota here are some demographics of the area that I thought would be useful to you. If you are moving to the area and would like help with financing or would like me to refer a realtor to you I would be happy to do that for you as well.
Information Courtesy of Shawn Gerhardson with Homestead Mortgage and the . If you would like to estimate payments click on my mortgage calculator … (0 comments)
minnesota: About Milaca Minnesota
- 07/16/07 01:45 AM
If you are looking to purchase a home in Milaca, Minnesota here are some demographics of the area that I thought would be useful to you. If you are moving to the area and would like help with financing or would like me to refer a realtor to you I would be happy to do that for you as well. Information Courtesy of Shawn Gerhardson with Homestead Mortgage and the . If you would like to estimate payments click on my mortgage calculator
Existing Home Sales Numbers Show Value Gains Across America The National Association of REALTORS® released its Existing Home Sales report for March on Monday.
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