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INSIGHTS FOR HOME BUYERS
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PITI: The 4 Components of a Mortgage Payment
When a family buys a house, it is typical to finance it using a long-term loan called a mortgage. Over the years that follow, the...
ted0743
Dec 27, 20212 min read
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How to Prepare to Buy a Home in 2022
2021 was not as easy year for people looking to buy homes. As prices rose in Minneapolis and nationwide, bidding wars were commonplace,...
ted0743
Dec 18, 20212 min read
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How to Get the Best Mortgage Rates in Minneapolis
These 4 key tips can give you better control over the process, so you can access the lowest rates possible. It is exciting to buy a home,...
ted0743
Dec 13, 20212 min read
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Mortgage Rates Expected to Stay Near 3% Through End of Year
Refinancing remains a strong choice for many families The COVID-19 pandemic hit the US economy hard, and that was evident in the epically...
ted0743
Dec 4, 20212 min read
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6 Things Every Mortgage Applicant Should Know
Mortgages allow people to finance the purchases of their homes. Four key tips that can help anyone applying for a mortgage are the...
ted0743
Nov 27, 20212 min read
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How to Protect Yourself From Mortgage Scams
Every year, real estate scams — such as wire fraud and other mortgage fraud — lead to millions of dollars in losses to families. For...
ted0743
Nov 20, 20212 min read
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30-Year Mortgage: Not Always the Right Choice for Refinancing
Even if the current rates are outstanding and you can better access federal programs, you want to refinance in the smartest possible way....
ted0743
Nov 13, 20212 min read
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Should You Pay Off Your Mortgage Early?
Is it best to pay off your mortgage rapidly or put excess money into investments? Along with paying off high-interest debt, putting money...
ted0743
Nov 8, 20213 min read
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When is the Best Time to Buy a House in Minnesota?
Buying a home in Minnesota is an exciting process, whether you’re a first time homebuyer, or looking for a change. If you’re not in a...
Ted Bougie
Nov 3, 20212 min read
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Why Are Houses So Expensive in Minnesota?
Despite the COVID-19 pandemic, the Minnesota housing market is booming. The problem for homebuyers? It’s a seller’s market. There’s a...
Ted Bougie
Oct 29, 20212 min read
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What are the Requirements to Buy a House In Minnesota?
Buying your first house in Minnesota? CONGRATS! We wish we could make this blog as simple as a one-size-fits-all checklist, but...
ted0743
Oct 27, 20212 min read
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How Do I Get Rid of Mortgage Insurance?
You’ve probably heard of private mortgage insurance, or PMI. If you have a conventional loan for your home, PMI is required when you put...
Ted Bougie
Oct 27, 20212 min read
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Can You Refinance Twice?
Sure. And it could save you thousands. For the first time since April, the mortgage rate averages compiled by Freddie Mac rose back over...
ted0743
Oct 23, 20212 min read
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What is the Lowest Refinance Rate in History?
In 2021, all-time low rates were achieved for all major mortgage types tracked by the federal government. What is the lowest refinance...
ted0743
Oct 16, 20212 min read
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Top 5 Mistakes First-Time Minnesota Homebuyers Make
Buying your first home is an exciting time. It can also be confusing. Some first-time homebuyers make rushed decisions because they’re...
Ted Bougie
Oct 13, 20213 min read
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Everything You Need to Know About Credit Scores & Buying a Home
There’s so much information you need to know when buying a home that it can make your head spin. But we’re here to make it a...
Ted Bougie
Oct 13, 20213 min read
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Don’t Follow the Herd: Refinance Now (2.99% / 2.23% / 2.52%)
Average Rates in the Freddie Mac PMMS Below 3% Across the Board We humans have our weaknesses. It’s funny how seriously we take trends....
ted0743
Oct 9, 20212 min read
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“The Time to Refinance is Now” — CNET, October 1, 2021
Alarm bell sounded by CNET writer Justin Jaffe: Don’t miss out on saving thousands Journalist Justin Jaffe, writing for CNET, noted that...
ted0743
Oct 2, 20212 min read
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Why is Mortgage Preapproval So Important in 2021?
Having confirmation of your preapproval for a mortgage at the start of the process can be critical in a competitive homebuying climate,...
ted0743
Sep 25, 20212 min read
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1 comment


BREAKING: Rent Payments Now a Factor for Fannie Mae
Credit Issues & Want to Refinance or Buy? As of Today, September 18, 2021, It Just Got a Little Easier. Are there other ways to determine...
ted0743
Sep 18, 20212 min read
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