A lot of buyers think the biggest hurdle is the down payment, but here’s the truth: you have options. You can borrow from your 401k, receive a gift from family, or tap into down payment assistance programs. You don’t always need tens of thousands saved up. Sometimes it’s about getting creative and knowing what’s available […]
I get asked all the time: “What’s your interest rate?” While that’s important, the real question is what’s the cost to get that rate? On your Loan Estimate (Section A or the 800 section), that’s where the true cost shows up. Many buyers chase a slightly lower rate, only to get surprised at closing with […]
Hey, it’s Ken with a quick mortgage update. The latest jobs report showed: – Fewer full-time jobs – Unemployment ticking up – Pressure on the Fed to finally cut rates Markets are now expecting a rate cut on September 17th, with more cuts likely this year. 💡 What this means for buyers: Lower rates = […]
I hear this question all the time: “Should I wait to buy a home?” The truth is, if you’re renting, you’re already paying a mortgage, it’s just not yours. Starting now puts you on the path to building wealth. Homes in Minnesota continue to appreciate, and waiting often means paying more later. Even if you’re […]
Stocks might double your money in 8 years, but real estate can multiply it even faster. With just $20,000, you could leverage appreciation and financing to turn that into $200,000. That’s what I’m seeing right now with entry-level homes in Bloomington, Eagan, and parts of Saint Paul. The power of real estate is simple, you’re […]
