Tag Archive: Mortgage Rates

Financing Costs for Twin Cities Homes – A Different View

I love data... be it hard numbers, graphs, charts, tables, interpretation, etc.  I've come up with another concept of tracking overall affordability: combining cost per finished square foot with mortgage rates to give an overall cost of financing each square foot of house over the last few years (I only had data back to 2002):

Continue Reading

Twin Cities Mortgage Rates Fall

On Friday my loan officers were quoting rates on 30yr fixed mortgages in the 5.5% - 6% range again... which is down more than .5% from just a couple weeks ago.  On a $200,000 house, that means a monthly payment that is more than $80 less than it was just 2 weeks before.  Or in ...

Continue Reading

Get Adobe Flash playerPlugin by wpburn.com wordpress themes