ted0743Dec 27, 20212 minPITI: The 4 Components of a Mortgage PaymentWhen 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...
ted0743Dec 18, 20212 minHow to Prepare to Buy a Home in 20222021 was not as easy year for people looking to buy homes. As prices rose in Minneapolis and nationwide, bidding wars were commonplace,...
ted0743Dec 13, 20212 minHow to Get the Best Mortgage Rates in MinneapolisThese 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,...
ted0743Dec 4, 20212 minMortgage Rates Expected to Stay Near 3% Through End of YearRefinancing remains a strong choice for many families The COVID-19 pandemic hit the US economy hard, and that was evident in the epically...
ted0743Nov 27, 20212 min6 Things Every Mortgage Applicant Should KnowMortgages allow people to finance the purchases of their homes. Four key tips that can help anyone applying for a mortgage are the...
ted0743Nov 20, 20212 minHow to Protect Yourself From Mortgage ScamsEvery year, real estate scams — such as wire fraud and other mortgage fraud — lead to millions of dollars in losses to families. For...
ted0743Nov 13, 20212 min30-Year Mortgage: Not Always the Right Choice for RefinancingEven if the current rates are outstanding and you can better access federal programs, you want to refinance in the smartest possible way....
ted0743Nov 8, 20213 minShould 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...
Ted BougieNov 3, 20212 minWhen 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 BougieOct 29, 20212 minWhy 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...
ted0743Oct 27, 20212 minWhat 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...
Ted BougieOct 27, 20212 minHow 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...
ted0743Oct 23, 20212 minCan 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...
ted0743Oct 16, 20212 minWhat 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...
Ted BougieOct 13, 20213 minTop 5 Mistakes First-Time Minnesota Homebuyers MakeBuying your first home is an exciting time. It can also be confusing. Some first-time homebuyers make rushed decisions because they’re...
Ted BougieOct 13, 20213 minEverything You Need to Know About Credit Scores & Buying a HomeThere’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...
ted0743Oct 9, 20212 minDon’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....
ted0743Oct 2, 20212 min“The Time to Refinance is Now” — CNET, October 1, 2021Alarm bell sounded by CNET writer Justin Jaffe: Don’t miss out on saving thousands Journalist Justin Jaffe, writing for CNET, noted that...
ted0743Sep 25, 20212 minWhy 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,...
ted0743Sep 18, 20212 minBREAKING: Rent Payments Now a Factor for Fannie MaeCredit Issues & Want to Refinance or Buy? As of Today, September 18, 2021, It Just Got a Little Easier. Are there other ways to determine...