Is Your Credit Score Standing in Your Way?

Everyone can benefit from improving credit scores, especially when buying a home. The higher your credit score, the better your chances of getting approved for a mortgage, it can also help you get a lower interest rate and lower mortgage insurance. Credit scores range from 300 to 850, mortgage applicants typically get the best ratesContinue reading “Is Your Credit Score Standing in Your Way?”

Mortgage Rate Forecasts & Three Things Buyers Can Do in Today’s Housing Market

If you’ve been thinking of buying a home, you may have been watching what’s happened with mortgage rates over the past year. It’s true they’ve risen dramatically, but where will they go from here, especially as the market continues to slow? As you think about your homeownership goals and decide if now’s the time to makeContinue reading Mortgage Rate Forecasts & Three Things Buyers Can Do in Today’s Housing Market

Planning To Retire? Your Equity Can Help You Reach Your Goal.

Whether you’ve just retired or you’re thinking about retirement, you may be considering your options and trying to picture a whole new stage of your life. And you’re not alone. Research from the Retirement Industry Trust Association (RITA) shows 10,000 Baby Boomers reach the typical retirement age (65) every day, and only 47% of the people in that generationContinue reading “Planning To Retire? Your Equity Can Help You Reach Your Goal.”

So… MINNESOTA! State Fair Facts You Never Knew!

1936 – The Royal American Shows carnival midway (Grandstand in the background!) One of the oldest fairs in the country, the Minnesota State Fair is THE most popular event in Minnesota! The Minnesota Agricultural Society was founded in 1854 and held its first Territorial Fair in 1855. Beginning in 1859, one year after statehood, it became the Minnesota State Fair!Continue reading So… MINNESOTA! State Fair Facts You Never Knew!

Adjustable Mortgage Rates (ARM)

When interest rates are increasing like they have been this year, many people start thinking about adjustable rate mortgages (ARM). Every homebuyer is different and when it comes to looking at mortgages, you want to understand all types of mortgages. It’s common to hear people talk about conventional and FHA mortgages, but not as manyContinue reading “Adjustable Mortgage Rates (ARM)”

Selling Your House? Your Asking Price Matters More Now Than Ever

There’s no doubt about the fact that the housing market is slowing from the frenzy we saw over the past two years. But what does that mean for you if you’re thinking of selling your house? While home prices are still appreciating in most markets and experts say that will continue, they’re climbing at a slower pace because risingContinue reading “Selling Your House? Your Asking Price Matters More Now Than Ever”

A Real Estate Professional Helps You Separate Fact from Fiction 

If you’re following the news, chances are you’ve seen or heard some headlines about the housing market that don’t give the full picture. The real estate market is shifting, and when that happens, it can be hard to separate fact from fiction. That’s where a trusted real estate professional comes in. They can help debunkContinue reading “A Real Estate Professional Helps You Separate Fact from Fiction “

A Window of Opportunity for Homebuyers

Mortgage rates are much higher today than they were at the beginning of the year, and that’s had a clear impact on the housing market. As a result, the market is seeing a shift back toward the range of pre-pandemic levels for buyer demand and home sales. But the transition back toward pre-pandemic levels isn’t aContinue reading “A Window of Opportunity for Homebuyers”

What Does an Economic Slowdown Mean for the Housing Market?

According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in order to do so, they’d use their tools and influence to slow down the economy. All of this brings upContinue reading “What Does an Economic Slowdown Mean for the Housing Market?”

WOODBURY FIRST-TIME HOME BUYER PROGRAM 

The city of Woodbury has their own first time homebuyer program. The city provides a low interest loan of up to $30,000 to be applied to closing costs or down payment. The interest on this second mortgage is a below market rate. Interest only payments are due on a monthly basis and the principal balanceContinue reading “WOODBURY FIRST-TIME HOME BUYER PROGRAM “