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

Are you financially prepared to buy a house?  Let's find out.Minneapolis, MN: Many people think they can't buy a house, but they actually can.Here is a quick little review of the basic items needed to qualify for a mortgage, and is great information, especially for first time home buyers.With ove...

Yes, mortgage rates are higher today, but...Minneapolis, MN: Everyone is talking about today's higher mortgage interest rates, but that is only compared with the past two years. From a historical standpoint, mortgage rates are not bad.  Plus, home ownership is a lot more than just rates. You need...

What Income Is Needed to Buy a $400,000 Home in 2023Minneapolis, MN:  What income do you need to buy a $400k home in 2023? Let's do some basic math for mortgage loan qualifications.Buying a home in Minnesota, Wisconsin, Iowa, North Dakota or South Dakota, Florida?  Then also visit JoeMetzler.com/...

Mortgage 101, a first time home buyer seminarMinneapolis, MN:  If you are thinking about buying a home, this video is for you.Mortgage 101 - A 30 minute Home Buyer Seminar explaining the home buying process by Cambria Mortgage, the Joe Metzler team. Great for first time home buyers. Everything yo...

How to buy a Minnesota home with as little as $1000Minneapolis, MN:  Lack of down payment money is one of the biggest obstacle to buying a home.Watch this video to learn how to buy a home in Minnesota with as little as $1000 *. Information on a Minnesota first time home buyer program using down p...

The Three Types Of Mortgage Loan OfficersMinneapolis, MN: Congratulations on wanting to buy a home.  Unless you have cash, you are going to need financing.  If you need financing, you are going to speak to a Mortgage Loan Officer. Not all Loan Officers are created equal. Assuming the person who a...

2023 Spring Real Estate Market Is Different. Here’s What You Need to KnowMinneapolis, MN: It may not feel or look like spring in many areas yet, but as of Monday March 20th, it’s here! So does that mean the spring real estate market officially begins that day as well? Or does it kick off the week...

Minneapolis, MN: With the economy showing signs of recovery, employment patterns remaining strong and wages generally increasing...The average consumer's home buying budget has increased. Those factors, in combination with the fact that median home list prices have declined as of late, means that...

Are Mortgage Rates Just Back to Normal?According to a recent survey, a full 61% of Americans think that mortgage interest rates rates are "unprecedented."The thing is, mortgage rates aren’t actually the highest they’ve ever been; not even close, and it isn't too far a look back to see when they w...

Real Estate Supply and Demand.Minneapolis, MN: The current inventory of homes for sale remains at low levels, yet with higher interest rates and economic uncertainty, demand and price growth has slowed, but has not stopped. BASIC MARKET FORCES AT WORKBuyers previously stuck in bidding wars over a...