Minnesota Mortgage Blog - Mortgage and Real Estate News You Can Use

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Mortgage and Lending - Mortgages Unlimited, Inc - NMLS 274132
Mortgage industry news and insights from a 15+ year industry expert. Mortgage and Real Estate News You Can Use
RECENT BLOG POSTS
Mortgages rates in the US continue to hover near all time lows. But this doesn't mean they will continue to stay low. Deflation is continuing to spread because of oil prices. These deflationary concerns are the focus of today's Fed meeting, as it debates when to begin increasing interest rates. T...
12/16/2014
Mortgages Unlimited’s Loan Officer Joe Metzler, out of their St. Paul, MN Office, was awarded 2014 Minnesota Mortgage Association’s Loan Officer of the Year.He was presented with the award at the MMA Annual Holiday Event on December 9th, 2014.This is a huge accomplishment for Joe, as there are ov...
12/15/2014
While this was written by an agent out of Texas, it is pretty dead on for Real Estate Agents everywhere. Over the last ten years I've heard the same complaints repeatedly. Over and over again I try and explain to my friends, family, customers and clients why we agents do the things we do. I can't...
12/15/2014
Federal Housing Administration (FHA) Announces 2015 Maximum Loan Limits FHA’s Office of Single Family Housing published Mortgagee Letter 2014-25, which provides FHA’s single family housing loan limits for Title II Forward Mortgages and Home Equity Conversion Mortgages (HECMs), and provides loan ...
12/07/2014
Black Friday Savings?? OK, cool, but why save just a little one day a year? How about potentially saving hundreds every month with a home loan refinance from Mortgages Unlimited? No crowds, no hassle... Apply in your underwear, and sign your application electronically... Get started today, close ...
11/23/2014
The Minneapolis St Paul Twin Cities area real estate market continues to defy the traditional assumptions of supply and demand as year-on-year home prices rise while supply also increases. One reason for this is that short sales and foreclosures continue to disappear from the local housing marke...
11/21/2014
First- time home buyers aren’t buying homes like they used to. The share of houses bought by first-time owners is at its lowest level in nearly three decades and down sharply from 2013, according to a survey out Monday from the National Association of Realtors. Just 33 percent of home purchases ...
11/04/2014
Mortgage rates in MN, WI, and SD have dropped recently to their lowest level in sometime.  Mortgage company telephones, which had been fairly quiet the past few months are ringing like crazy as homeowner call to check mortgage rates, and decide should I refi or not? Refinancing is most often used...
10/17/2014
Less homes are still underwater. U.S. homeowners gained or regained more than $1 trillion in equity over the year that ended on June 30, 2014.  According to Core-Logic's 2nd quarter 2014 analysis, 44 million homes in the country now have positive equity, a gain of 950,000 homes during the quarter...
09/29/2014
Lack of knowledge and misinformation may be discouraging Americans from buying a home according to a recent survey sponsored by Wells Fargo &Company.  The survey, conducted in June by Ipsos Public Affairs, found that many prospective homebuyers do not take the plunge because of uncertainty about ...
09/23/2014
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