We're barely into the new year and it is cold.... very cold.... outside. Why would I be suggesting sellers put their house on the market?The chart below shows that January historically has a stronger showing activity than November and December and due to the 20% decrease in houses for sale in the last 12 months, there's ...
Housing News, Opinion, Statistics and Homes for Sale
Category Archives: Mortgage Rates
Will Rising Interest Rates Affect Home Sales in 2010?
A reader of this blog asked a good question this weekend: what happens to sales when rates rise?This is an intriguing question. While I had my suspicions, I wasn't sure what I would find so I put together this little image from Twin Cities MN Pending Sales and the 10 Year Treasury Note. While the 10yr ...
Buy for 0% Down in Columbia Heights
Columbia Heights just revised their down payment assistance program to expand it to cover many more borrowers and properties. Please call me with questions. Search homes for sale in Coon Rapids now!Make Heights Your Home Columbia Heights Down Payment Assistance ProgramProgram Summary Down payment assistance for homes purchased with a 203K loan or ...
Making Home Affordable Program Not Working
Fellow local blogger and awesome mortgage broker Alex Stenback has a great post explaining how few people are being helped by the Marking Home Affordable program, which has only helped 93,000 borrowers so far when original estimates suggested up to 7 million could be helped.If we could do more successful loan ...
Freddie Mac Video on Preparing for a Mortgage Loan Modification
Freddie Mac has released a 2 minute video with suggestions on what you will need to provide for a mortgage loan modification request. If you have everything prepared beforehand, the process will be quicker and smoother than if you do not prepare. As mortgage modifications can take weeks or months to complete, having everything upfront ...
Aaron Dickinson
Edina Realty
1-800-941-0959
Licensed in MN
