Blog Archives
General Real Estate News

Interest rates are falling

We have been expecting interest rates on home mortgages to rise but they have been falling since the “brexit” vote last week. On Monday, the 30-year fixed-rate mortgage averaged 3.46 percent, near the lowest average since late 2012, realtor.com® reports. In other

General

Delayed closings

Delayed real estate closings are almost as common as on time closings. There isn’t any penalty for lenders who can not make the closing date but for buyers and sellers there are penalties. Sometimes a seller can not close on

Mortgage & Finance

Where is the money?

Mortgage lenders are not all the same but I don’t imagine most of people who are buying or selling homes have all that much experience with home mortgages. There is a difference. The difference in interest rates and fees from

For Home buyers

Avoid fake wiring instructions

On March 18 the FTC Consumer Blog issued a post focused on hackers who have been breaking into some consumers’ and real estate professionals’ email accounts to get information about upcoming real estate transactions. After figuring out the closing dates,

Mortgage & Finance

Mortgage rate over reaction

The Federal reserve raised the benchmark interest rate by .25% yesterday. That doesn’t translate into a .25% increase in mortgage interest rates but even if it did the new rates would only add a small amount to monthly house payments

First Time Home Buyers

Closing costs

First time home buyers are often surprised when they find out about closing costs. Those pesky fees are in addition to the down payment. Lenders will provide detailed information about what those costs are but here are a few examples:

Contact

Teresa Boardman
Realtor®, MN,
Licensed Broker 20624860
Boardman Realty LIC 40419051
651-216-4603
teresa(at)tboardman.com
Contact

Ask the Broker
Boardman Realty Logo500_edited-1

Categories

Archives

PMT_Square_FindHelp_125
senior-linkage
agent button